The lower than average rains that are forecast for the first half of December would create difficult to progress with corn and soybean planting in Argentina. After a first half of the year with abundant rains, the spring had low precipitation in the South American country. This weather pattern affects mostly the late-planting fields.
“It is going to rain below the average in this first half of December. It could be very critical for late planting”, said Germán Heinzenknecht, a meteorologist at Climatologia Aplicada consultancy.
The most recent report of the Buenos Aires Cereal Exchange said that the planting advanced to 34% of the surface in the case of soybeans and 35.8% in the case of corn.