Soybean harvest forecast at 53.1 million tonnes

Argentina’s soybean harvest for the 2019/20 season is forecast at 53.1 million tonnes, 2.1 million tones over the estimated in October, according to the Buenos Aires Cereals Exchange. Favourable soil moisture levels in main planting areas completed earlier this month are behind the improved prospect. Conditions for oilseed and corn also remain good.