In the next 15 days, rainfall amounts will either make or break Argentina’s soybean crop, according to a weather report from the Rosario Grain Exchange. The report said rainfall had been “erratic,” and heavy rains were not forecast until the last half of February. Some areas are well-watered due to recent rains. However, southwest Buenos Aires province, the center of Córdoba and the center of Santa Fe, all main soybean growing areas, are dry.
The exchange said the drought increased from 50% to 60% of the soybean area to 90% in the past seven days. This comes as soybeans enter their critical period in the main regions.
The report said heavy rains in some areas in late January limited crop losses.
