Soybeans are at the most sensitive moment of yield definition. High temperatures, which exceeded 38 degrees on several days in the main productive region, impacted soybeans.
The good news is that this week the rains would arrive and temperatures would drop in the central region of the country, which would give crops a break. Added to all this is the drop in international prices. Soybeans are trading at US$440 on the Chicago market, the lowest value since November 9, 2021. The Buenos Aires Grain Exchange (BCBA) estimated two weeks ago that the harvest would reach 52.5 million tons.