Argentina’s crucial agricultural region is set to experience maximum temperatures exceeding 35 degrees Celsius (95°F) in the coming days, according to the Buenos Aires Grains Exchange. This heat wave will be followed by anticipated rainfall early next week.
Key Highlights:
Impact on Agriculture:
Argentina is the world’s leading exporter of processed soybeans and the third-largest supplier of corn. The current weather conditions are critical as both crops are in vital stages of development, essential for the country’s economy.
The exchange’s report indicated that high summer temperatures will affect nearly the entire agricultural area of Argentina.
Expected Rainfall:
Following the heat, rainfall is projected to range from 10 to 25 millimeters (0.4 inch to 1 inch) in the southern parts of Argentina’s grains heartland, with less than 10 millimeters expected in other agricultural regions.
Production Estimates:
The Grain Exchange estimates soybean production for the 2024/25 season at 49.6 million metric tons, while the corn harvest is projected at 49 million tons.