Argentina’s wheat crop down to 10 million tons; 2011/12 planted area 25% less
Argentina will produce 10.1 million tons of wheat this season, the agricultural ministry said, citing extreme weather as the reason for cutting back its previous estimate of 10.5 million tons. With almost all of the harvest already collected, Argentina is looking at a thin wheat harvest, compared with the 14.1 million tons collected in the 2011/12 crop year.
Unusually hard early-season rains made this season's wheat vulnerable to water-born fungi that attacks plants' protein content. Floods posed other logistical problems as harvesting machines sank in the mud and access roads were washed out.
“Yields in the main wheat region of the country did not reach what was estimated at the beginning of the season due to crop health problems, excess water in August, several heat shocks in November and bouts of hail and strong winds during the harvest,” the ministry said in its monthly report.
The season started at a disadvantage when many farmers shifted to soy and other crops to skirt the export curbs that the government places on wheat. Growers planted 3.5 million hectares with wheat, down 25% from the 2011/12 crop year.
The Buenos Aires Grains Exchange issued its weekly crop report saying it expects Argentina's 2012/13 wheat harvest to come in at 9.8 million tons, a good 30% under the 2011/12 crop.
“The loss is principally due to the inter-annual reduction in planting area,” the exchange said. “Yields were also affected by excessive rains.”
The ministry kept its soybean area estimate unchanged at 19.35 million hectares and corn estimate unchanged at 4.6 million hectares.
Argentina, the world's No. 3 exporter of soybeans and corn after the United States and Brazil, is expected to produce record harvests of both crops this season.
The government sees the soy harvest at 55 million tons or more and it expects a corn haul of 28 million to 30 million tons. But the country needs rain by the end of the month to support corn flowering, maximize yields and realize that forecast, farmers and agronomists say.
According to the exchange, 93.4% of Argentina's 2012/13 commercial use corn is in the ground, marking an advance of almost 5 percentage points during the week.
Argentine farmers have planted more than 96% of their 2012/13 soybeans, having advanced 5.3 percentage points over the week the exchange said.
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I expect to see some begging for USA Wheat later in the year as stocks run out.
First time in the HISTORY OF ARGENTINA not being able to produce enough Wheat for export.
How that stupid stupid women can ruin FARMING their only real export is flabbergasting.
You'd think someone would fix that problem
I ask again are RGs dumb or lazy or both?
Can't remember the details but it rings a bell.
It's probably too late to save the export market, unless the stupid bint decides to export the grain and let the people starve.
No doubt she'll be telling the population, “Let them eat cake!”, we can only hope CFK meets the same sticky end as Marie Antoinette.
She will do something stupid, and possibly unpredictable, but still stupid. Rule number one of economics: Don't f**K with farmers. This will only end badly for her.
The gov't doesn't have enough U$ to buy fuel or pay for imports so without the Ag exports they would be screwed.
So if they don't stand up this year I stand by my statement that they're either dumb, lazy or both.
The fact is, it takes 500g of flour to make 12 cream buns, so 0.041kg per bun. Maximo clearly eats about 70 cream buns a day, so 25,550 cream buns a year. That's a metric ton of flour just on maximo's cream buns every year, and that's not accounting for his extra cinnamon whirls.
1) That the farmers have her over a big barrel, if they don't sell their harvest she will have no cash to keep the proleteriat happy.
2) Hugo Moyano's “camioneros” are the only ones who are able to bring the soy, wheat and corn harvest to the ports.
She is fighting a really nasty war with both these organizations and not getting anywhere, so unless she tries to make peace with them she will not get to 2015 in one piece!!!!!
If the Army are brought in then it truly is the end for CFK. I reckon that the military would seize control under the pretense of 'maintaining' order, and it's goodbye pseudo democracy and hello complete dictatorship.
Tell me, how did the military seize control of Argentina last time? Was it under the pretense of 'maintaining' order?
It's been 30 years since the dirty war, and an entire generation has grown up not knowing just how bad the Junta was, and may even support the military. But it won't last, because the military, like all Argentine leaders will grab as much for themselves and feck the rest. This appears to be the norm in Argentine politics.
No, I don't think CFK would risk bringing in the military. She may, however, use her La Campora stormtroopers instead, becoming very reminiscent of Zimbabwae.
They'll 'take over' the farms, then because they are lazy sh!ts, they'll leave them to rot, but won't allow anyone else to use the land.
Any way you look at it, there's going to be blood on the streets, it's just a matter of when, and whose blood it'll be.
BTW I wouldnt trust Moyano further than I could spit
Either way, this crop isn't quite what they were expecting.
Sometimes you have to take some immediate pain for the long term good but Rgs have never been very good at that as we all can plainly see.
When this goes it is going to go fast and really bad, much worse than 2001 and for much much longer.
It's now or never
Grow some balls and get it done.
Every U$ Billion not coming in is a U$B less they can afford in fuel & imports.
Brr
If you can come out from the alive!!!!
news.yahoo.com/texas-campus-issues-alert-amid-reports-shooter-190849999.html
I saw 3 people were shot in the street in BA too!
Also someone was stabbed in a love triangle with a transvestite, were they fighting over you?
I could go on and on.
It must be awful to live in fear everyday that is why I moved out of that horrible place.
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