Argentina cuts forecast for farmland planted with soybeans by 2%, says grains exchange
Adds information from the report
BUENOS AIRES, Nov 7 (Reuters) -Argentine farmland set aside for the country's 2024/25 soybean crop is seen at 18.6 million hectares, the Buenos Aires Grains Exchange (BdeC) saidon Thursday, a cut of about 2%compared to a previous estimate of 19 millionhectares.
The downward revision is due to an adjustment of the planted area from the South American country's previous soybean crop based on an analysis of satellite images, the exchange said in its weekly crop report.
Argentina is one of the world's top exporters of processed soybeans, as well as a major global supplier of corn and wheat.
The exchange noted that about 37% of the area set aside for Argentina's 2024/25 corn crop, or 6.3 million hectares, has already been sown. Corn planting began in September.
The BdeC added that 89% of the area planted with corn is in "normal/excellent" conditions.
Meanwhile, the exchange estimated that about 12% of the 2024/25 wheat crop has already been harvested, with production forecast at 18.6 million metric tons.
Reporting by Maximilian Heath; Writing by Aida Pelaez-Fernandez; Editing by David Alire Garcia
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
