After a year marked by drought, “a productive jump of 900,000 tons” is expected, according to specialists.
The 2023/2024 harvest of soy comes with good prospects after a year marked by the impact of the drought and some specialists were encouraged to predict “a productive jump of 900,000 tons”, so that the crop would reach between 3.2 and 3.5 million tons.
The soy, whose price has increased in recent days, could benefit in this way from the meteorological phenomenon of The boy, which will bring with it abundant rain, in contrast to what was a season with little rainfall.
The climate analyst at Cofco Argentina, Diego Bancalari, He referred to the prospects for the region in dialogue with Radio Carve and stated that in the short and medium term there is “very good news” for Argentina, Uruguay and part of Paraguay due to the “recharge” of moisture in the soils, although The boy does not affect the same Brazil, which in recent weeks has shown problems in its production.
“In Uruguay We expect a productive jump of 900,000 tons,” he said. Bancalari with respect to the 2022/2023 harvest, after which he anticipated that they project between 3.2 and 3.5 million tons of soy. However, he warned that there is “a warning light” due to the tendency towards a “surplus regime” of rain during this month and next.
Soybeans want to rebound after a year of oblivion
The exports of soy They remained downward throughout the year, with a year-on-year decrease of 83% in August, when comparing sales of 53 million dollars in 2023 with the same period in 2022, when placements reached 303 million dollars.
However, in the future the outlook remains positive, with a growth of between 8% and 10% in the area planted with soybeans, according to estimates made weeks ago by the commercial manager of Barraca Erro, German Bremermann.
Source: Ambito
