Argentina's soybean harvest completed 13% in 2004 / 05

Introduction: according to the latest data released by Buenos Aires exchange of Argentina, as of last Saturday, Argentina's soybean harvest in 2004 / 05 was completed by 13%, lagging behind 19% in the same period last year As of March 26, Argentina had harvested 1.885 million hectares of soybeans and 5.7 million tons So far, the average yield of soybeans harvested is about 3 tons / ha The exchange expects an average yield of 2.61 tons / HA and a harvest of 37.7 million tons this year According to the exchange, the current yield per unit is 25% higher than that of the same period last year Higher yields in the main soybean producing areas offset lower than expected non yields in Chaco, Santiago ESTRO, tukuman, northern Cordoba and Santa According to the exchange, this year's soybean planting area is 14.67 million hectares, compared with 14.5 million hectares and 32.2 million tons last year The U.S Department of Agriculture estimates that the average soybean yield in Argentina in 2004 / 05 is 2.76 tons and the output is 39 million tons The Argentine Ministry of Agriculture estimates soybean production at 37.5 million tons