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Foreign media news on November 2nd: According to Dr.
Michael Cordogne, a South American agricultural expert, spring planting in Argentina has begun, and soybean planting may be the lowest level in 15 years
.
Michael Cordogne, a South American agricultural expert, spring planting in Argentina has begun, and soybean planting may be the lowest level in 15 years
.
Although the sown area of soybeans in neighboring Brazil continues to increase, the sown area of soybeans in Argentina has been declining in recent years
.
.
Dr.
Cordogne said that the reduction in soybean plantings in Argentina can be attributed to several factors
.
First of all, soybean export tariffs are 33%, soybean meal and soybean oil export tariffs are 31%, and corn export tariffs are only 12%, making soybeans less profitable than corn
.
Cordogne said that the reduction in soybean plantings in Argentina can be attributed to several factors
.
First of all, soybean export tariffs are 33%, soybean meal and soybean oil export tariffs are 31%, and corn export tariffs are only 12%, making soybeans less profitable than corn
.
In recent years, soybean yield performance has also been worse than that of corn
.
In severe weather, soybean yields are usually not as good as corn
.
If the weather is good, soybean yield will be stagnant, and it will not keep up with the increase in corn yield
.
This is mainly because it is difficult for seed companies to receive patent fees for new soybean seeds from farmers, resulting in relatively slower development of soybean seed technology
.
Farmers can replant or sell soybean seeds, but they cannot take this approach to hybrid corn
.
.
In severe weather, soybean yields are usually not as good as corn
.
If the weather is good, soybean yield will be stagnant, and it will not keep up with the increase in corn yield
.
This is mainly because it is difficult for seed companies to receive patent fees for new soybean seeds from farmers, resulting in relatively slower development of soybean seed technology
.
Farmers can replant or sell soybean seeds, but they cannot take this approach to hybrid corn
.
In addition, there are uncertainties in Argentina's policy
.
Farmers cannot predict what measures the government will take, and some measures may affect exports, which in turn may affect planting profits
.
.
Farmers cannot predict what measures the government will take, and some measures may affect exports, which in turn may affect planting profits
.
The president of the Argentine Soybean Association stated that the government and its tariff policies and market intervention have killed soybeans, the goose that lays golden eggs
.
In Argentina, soybeans are the golden goose that earns foreign exchange
.
During the administration of President Nasto Kishner from 2003 to 2007, Argentina began to impose a tax on soybean exports, which lasted until Christina Kishner's term of office from 20078 to 2015
.
Although President Macri, who was in power from 2015 to 2019, promised to lower export tariffs and stop interfering in the export market, Argentina suffered a financial crisis that prevented him from fulfilling his promises.
After all, agricultural export tariffs are the government's main source of income
.
At present, the government led by President Alberto Fernández and Vice President Christina Kishner has raised export tariffs and resumed intervention in the export market in order to reduce domestic food inflation
.
Argentina's inflation reached 50% or more
.
Although keeping agricultural products in the country helps lower prices and is good for consumers, it means lower incomes for farmers
.
Therefore, Argentine farmers have become more cautious and choose to plant more corn because the profitability of corn planting is relatively more reliable
.
.
In Argentina, soybeans are the golden goose that earns foreign exchange
.
During the administration of President Nasto Kishner from 2003 to 2007, Argentina began to impose a tax on soybean exports, which lasted until Christina Kishner's term of office from 20078 to 2015
.
Although President Macri, who was in power from 2015 to 2019, promised to lower export tariffs and stop interfering in the export market, Argentina suffered a financial crisis that prevented him from fulfilling his promises.
After all, agricultural export tariffs are the government's main source of income
.
At present, the government led by President Alberto Fernández and Vice President Christina Kishner has raised export tariffs and resumed intervention in the export market in order to reduce domestic food inflation
.
Argentina's inflation reached 50% or more
.
Although keeping agricultural products in the country helps lower prices and is good for consumers, it means lower incomes for farmers
.
Therefore, Argentine farmers have become more cautious and choose to plant more corn because the profitability of corn planting is relatively more reliable
.
The Buenos Aires Grain Exchange stated that as of the end of last week, 27.
6% of corn planting was completed in 2021/22, and 4.
6% of soybean planting was completed
.
The exchange estimates 7.
1 million hectares or 17.
5 million acres for corn and 16.
5 million hectares or 40.
7 million acres for soybeans
.
6% of corn planting was completed in 2021/22, and 4.
6% of soybean planting was completed
.
The exchange estimates 7.
1 million hectares or 17.
5 million acres for corn and 16.
5 million hectares or 40.
7 million acres for soybeans
.