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Newsletter text
[Argentina's corn-producing region's 2023/24 annual report announced, and crop condition ratings have improved]
According to Argentina's Buenos Aires Grain Exchangefreecoinmasterspins2021According to the latest data from Argentina, Argentina's corn crop status rating has been improved in 2023/24. Currently, poor ratingsfreecoinmasterspins2021The proportion of corn crops was 40%, unchanged from last week, but higher than 54% in the same period last year. The proportion of general-rated corn crops fell slightly to 42%, down 1 percentage point from last week and unchanged from last year's 42%. The proportion of corn crops with excellent ratings increased significantly to 18%, an increase of 1 percentage point from last week and much higher than 4% in the same period last year.
In addition, soil moisture conditions have also improved. Data shows that the proportion of soil moisture currently in shortage to extreme shortage is 15%, down 3 percentage points from last week and far lower than 50% in the same period last year. Suitable soil moisture accounted for as high as 84%, an increase of 4 percentage points from last week and also much higher than 50% in the same period last year. The proportion of moist soil moisture was 1%, an increase of 1 percentage point from last week and 0% in the same period last year.