It is estimated that the soybean output of Argentina in 2001 / 02 will be 28 million tons

Introduction: Agriculture counselor of the U.S Department of Agriculture reports Even before planting began, Argentine producers expected to convert corn acreage to soybeans, due to relatively good profits and lower soybean production costs Argentina has difficulty getting loans and high interest rates The best time to end corn planting is in mid November, which is about to reach that period Satellite mapping shows that the soil moisture content in the main corn production areas is too sufficient The economic site now expects soybean acreage in Argentina to increase to 11.4 million hectares, about 8% higher than last year, as other crops are difficult to grow Slightly higher than the Argentine government's estimate of 11.2 million hectares, mainly due to heavy rains since the official estimate was released in mid October Based on the increase of planting area, we also estimate that the soybean production in Argentina will increase to 28 million tons Preliminary estimates of soybean yield (harvested in April 2001) also increased by 200000 tons to 26.7 million tons, in line with the Argentine government's estimates The revision of production data is supported by data on exports and crush volumes, both higher than the same period last year On October 24, the Argentine government released an estimated soybean export volume of 7.5 million tons in 2001 / 02 market, far higher than the export volume of 4.1 million tons in the previous year The significant increase in soybean exports is mainly due to exports to China, where the import mechanism encourages the import of soybeans rather than soybean meal The increase in soybean exports also benefited from changes in Argentina's export policy Maintain a proper proportion of soybean export tariff, and use exchangeable elements to replace the export tax rebate of soybean oil and soybean meal in June Most of Argentina's export payments are made using exchangeable elements, which also apply to soybeans and their products China's new biotech regulations are also closely related to Argentina, but so far this year, the implementation of the genetically modified regulations does not seem to have much impact on Argentina's soybean exports It is estimated that in 2000 / 01 market year (April 2001 March 2002), Argentina's soybean planting area is 10.54 million hectares, harvesting area is 10.28 million hectares, initial inventory is 340000 tons, output is 26.7 million tons, market annual import is 300000 tons, total supply is 27.34 million tons, market annual export is 7.5 million tons, domestic crushing is 18.5 million tons, domestic consumption is 10000 tons The consumption of feed, seed and loss in China is 930000 tons, the total consumption in China is 19440000 tons, and the ending inventory is 400000 tons It is estimated that in 2001 / 02 market year (April 2002 March 2003), Argentina's soybean planting area is 11.4 million hectares, harvesting area is 11.1 million hectares, initial inventory is 400000 tons, output is 28 million tons, market annual import is 300000 tons, total supply is 28.7 million tons, market annual export is 8 million tons, domestic crushing is 19.3 million tons, domestic consumption is 10000 tons, The domestic consumption of feed, seed and loss is 980000 tons, the total domestic consumption is 20290000 tons, and the ending inventory is 410000 tons (author:) share to feed Weibo share to: