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National Park of Argentina – 7th series

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Correo Argentino SA, issued the seventh series of the national park of Argentina on March 22, 2003. The issue are consist of four stamps depicted the national park , i.e.  Los cardones National park (50c),  National Reserve Estricta Colonia Benitez (50c), Copo National Park (50c),Campo de los Alisos National Park (75c),  Monte León National Park (75c).
National park Los Cardones
The Los Cardones National Park was created in 1996 as a national park of Argentina, located in the center-west of the province of Salta, within the San Carlos and Cachi Departments, in the Argentine Northwest. The park has an area of 650 square kilometres, with hills and ravines at the height levels between 2,700 m and 5,000 m.It is important the bush formation with the “cardones” predominance.It features fossil remains of extinct animals, as well as dinosaur tracks.
 

National Reserve Estricta Colonia Benitez
The National Reserve Estricta Colonia Benitez located 15 kms from Chaco, capital Resistencia, 1020 kms from Buenos Aires. The park ideal for eco-tourists, is home to rich flora and fauna. of flora and fauna of the eastern region of Chaco.
Chaco is place for  adventure tourism. There are place interest in Chaco, the two  villages Fuerte Esperanza and Nueva Pompeya are the heart of the "Impenetrable" photographic safaris, trekking, canoeing and birding. The other are The Parque Nacional Chaco, Campo de Cielo, and the National Reserve Estricta Colonia Benitez.


National Park Copo
The Copo National Park is a national park of Argentina, belongs to the Dry Chaco ecosystem. The park  was created in 1998 in order to preserve a number of endangered species and located in the Copo Department, province of Santiago del Estero. Endangered species that live in this park include the jaguar, the Giant Anteater, the chacoan peccary, the tatú carreta (a species of armadillo) and a species of parrot.
The climate is warm, with annual rainfall between 500 and 700 mm. A large part of the park ,which has an area of 1142.5 km², it is made up of forest, with the Santiago red quebracho being its characteristic tree species. This tree has a strong wood and high content of tannin, and in the past it suffered a devastating exploitation in other parts of the country.Nowadays only 20% remain.

National Park Campo de los alisos
The Campo de los Alisos National Park  was created as  a national park of Argentina in order to protect a representative sample of the montanos jungle and forest ecosystem  and located in the Chicligasta Department, province of Tucumán.Flora and fauna vary considerably with the different heights, from a jungle at lower levels to snow-covered mountainous terrain at 5,000 m.
The Campo de los Alisos National Park  has an area of 100 square kilometres. Annual rainfall here oscillates between 100 and 200 mm.The park is located on the eastern slope of the Nevados del Aconquija. The Aconquija mountains are the southern extension of the Calchaquíes Valleys, the western first steps raising from the Chaco-Pampean plain.

Future National Park Monte León
Monte León National Park was established as a national park in Argentina, in Santa Cruz Province since 2004. The park is home to thousands of penguins and cormorants, as well as pumas, large, flightless birds known as rheas and roaming herds of Guanacos.
Area composed of high cliffs, islands, roqueríos, small bays, beaches and restingas that is discovered with the low tide. The coastal sector represents near 1% of the Argentine marine coast. The sea in this region is cold, with an important population of fish. One of the reasons for the creation of the Park, is to protect an important portion of coastal patagónica steppe, habitat of guanacos, choiques, foxes and pumas

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Rains lift Argentine 2011-12 early-seeded Soybean

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Rains that soaked Argentina's fields over the past week improved the outlook for even the worst-hit early-seeded 2011/12 soyabeans, the government said on Friday in a weekly crop report.

Argentina is one of the world's top exporters of corn, soyabeans, soyaoil and soyameal.

Weeks of dry weather have hurt prospects for a record 2011/12 harvest, though recent rains have improved conditions, especially for later-seeded crops.

Farmers have finished planting both crops.

They seeded 18.8 million hectares (46.46 million acres) with soya this season.

Later-seeded soya is in better condition than the plants seeded early since more plentiful rains began falling in mid-January.

Growers will begin gathering soya in the coming weeks.

The government forecasts the oilseed's output at between 43.5 million and 45 million tonnes.
"Both early-seeded and late-planted soya show improvements in outlook because of the rains in February in Salliquelo (western Buenos Aires province)," the Agriculture Ministry said in its report, referring to the country's top soya-producing province.

However, excess water due to the heavy rains caused crops to catch disease in some areas, the report said.

The Buenos Aires Grains Exchange forecasts soya output of 46.2 million tonnes.

The drought hit corn harder than soyabeans this season due to the timing of its key yield-setting stages.

Although showers also helped 2011/12 corn development, they came too late to avert yield losses in early-seeded plants.

Farmers have started gathering some of the 5 million hectares planted with the crop, which includes commercial-use corn as well as grains used for animal feed.

Government officials initially estimated a corn crop of up to 30 million tonnes this season, but have since slashed that projection to 20.5 million to 22 million tonnes.


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Argentine soya prices fall

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Argentina closing soya prices and trends on Thursday: Soya prices in Argentina's Rosario market closed at between 1,230 pesos and 1,285 pesos per tonne ($285.7-$298.5) compared with 1,240 to 1,280 pesos on Wednesday.

Downward pressure was put on the local market by lower prices in Chicago.

Trade volume was very low as sellers held out for possible higher prices in the days ahead, as supply concerns mount and farmers in South America fret about dry weather.


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Argentine wheat reform disappoints farmers, so far

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* Corn, wheat farmers gripe about below-market prices

* Real test for new rules to come in 2012/13 season

By Hugh Bronstein

(Reuters) - Argentine farmers say they are still being paid below-market prices for wheat despite a new government export system aimed at increasing competition among millers and exporters.

Growers had long urged President Cristina Fernandez to free the wheat market from a government-imposed quota system designed to ensure abundant domestic food supplies, but which they said benefited buyers at their expense.

Last month, the government scrapped the unpopular quotas and said the total exportable wheat surplus would be cleared for export in a bid to avert oversupply and low prices for farmers.

The true test of the new system will come in the next season, as a good portion of this year's wheat had already been shipped when the reform took effect. But for now, farmers say they have yet to see any benefit and there is widespread uncertainty in the industry over how it will really work.

"So far, the change is in name only," one farmer told Reuters, asking that he not be identified in order to avoid problems with the government.

"It's what we call 'gatopardismo', which means changing things to make sure they stay the same," the grower said, pointing to the spread between the $165 per tonne that Argentina's farmers are being paid for wheat and the market price of $208 per tonne.

A wide spread also existed for corn, with farmers offered $150 per tonne versus the market price of $199. Soy, which is exported freely from Argentina, was meanwhile operating at a minimal spread of $305 versus $309, according to information provided by the grower.

Cristian Amuchastegui, head of the Rosario grains exchange, said "the wheat market continues not to function".

"We had higher expectations than what has really come to pass," he told daily newspaper Ambito Financiero this week.

Farmers say the lack of an open market kills the profit in growing wheat, thus restricting crop rotation needed to conserve soils used to grow the country's biggest export earner, soy.

Argentina supplies nearly half the world's soyoil, used for cooking and in the booming international biofuels sector. It is also the No. 3 exporter of soybeans, a major source of protein for an increasingly hungry planet.

FACING THE FALLOUT

Concerned parties from grains traders to sovereign bondholders are watching the new wheat-export scheme - which the government says will soon also apply to corn exports - for signs of how the administration will face the fallout expected this year from the sluggish world economy and Europe's debt crisis.

Fernandez is known for unorthodox, hard-to-predict policies.

She won re-election last year promising to deepen the model of her government, characterized by generous welfare spending, state intervention in the markets and import substitution.

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Factbox on Argentina political risk

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As the global population grows to an estimated 9 billion by 2050, demand for food will nearly double, according to the United Nations. Argentina will be key to meeting that need.

David Hughes - a wheat farmer in the town of Alberti, Buenos Aires province, and former head of industry chamber Argentrigo - said no one expects the government to free the wheat market to the point of risking higher domestic bread prices paid by voters already hit by Argentina's double-digit inflation.

"The government will continue to open exports only when it knows it has enough wheat for the domestic market," Hughes said.

The government has said it needs 7 million tonnes of wheat for the local market this season. The agriculture ministry has estimated a 2011/12 crop of 13 million to 14 million tonnes.

Starting in the 2012/13 season, the whole exportable surplus is expected to be announced at once, rather than gradually. The aim is to induce competition among traders bidding for wheat.

"Farmers will not be as hard-hit as they were under the previous system, but they will still be subject to export limits and the government's arbitrary interventions will continue," Hughes said. "The policy model, aimed at keeping domestic bread prices down by creating oversupply of wheat, has not changed."

Indeed, Argentina's pugnacious price czar Guillermo Moreno, enforcer of Fernandez's interventionist policies, got increased powers soon after the president started her second term in December.

Ernesto Ambrosetti, chief economist at the Argentine Rural Society, which represents some of the country's biggest farms, said the age of state intervention in Argentina was not over.

"Producers continue to have no motivation to invest in wheat farming," he said. "Until you free the whole wheat market, there will be no real competition." (Editing by Dale Hudson)


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Drought in Argentina and Brazil cuts significantly corn crops’ volumes

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(Merco Press) The weather pattern known as La Niña has brought hot, dry conditions to Argentina, Brazil, Uruguay, Paraguay and Mexico, scorching recently planted crops. Temperatures will exceed 40 degrees Celsius in some of Argentina’s corn-growing areas through Feb. 2, the Buenos Aires Cereals Exchange said on Thursday. Rain will be scarce in most areas, said climatologist Eduardo Sierra.

Argentina’s corn harvest may be curbed to 21.4 million metric tons in the year starting March, from a record 23 million tons a year earlier, Liliana Balbi, an economist at the United Nations Food & Agriculture Organization, said Jan. 18.

Corn growers in Brazil, the world’s third-largest producer, will harvest less than previously forecast after a 13-week drought cut output in the country’s top growing region.

Brazil’s 2011-2012 summer corn forecast was lowered 4.3% to 34.88 million metric tons from a December estimate of 36.44 million tons, crop-forecasting firm AgRural Commodities Agricolas said Friday in an e-mail. That compares with last year’s 35.93 million tons.

Output in the Brazilian southern states of Rio Grande do Sul, Santa Catarina and Parana was reduced 13% to 12.86 million tons from a previous estimate as rain didn’t help recover losses from prolonged dry weather Curitiba, Brazil- based AgRural said.

Brazil’s South is the country’s main producing region for summer corn, which accounts for about 62% of the country’s output. Brazil, South America’s largest economy is expected to produce 59.2 million tons of corn, the Agriculture Ministry said Jan. 10.

The summer crop harvest runs from January through May. The US and Argentina are the first and second-largest exporters of corn.

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Drought in Argentina and Brazil cuts significantly corn crops’ volumes

Posted by Flora Sawita Labels: , , , ,


(Merco Press) The weather pattern known as La Niña has brought hot, dry conditions to Argentina, Brazil, Uruguay, Paraguay and Mexico, scorching recently planted crops. Temperatures will exceed 40 degrees Celsius in some of Argentina’s corn-growing areas through Feb. 2, the Buenos Aires Cereals Exchange said on Thursday. Rain will be scarce in most areas, said climatologist Eduardo Sierra.

Argentina’s corn harvest may be curbed to 21.4 million metric tons in the year starting March, from a record 23 million tons a year earlier, Liliana Balbi, an economist at the United Nations Food & Agriculture Organization, said Jan. 18.

Corn growers in Brazil, the world’s third-largest producer, will harvest less than previously forecast after a 13-week drought cut output in the country’s top growing region.

Brazil’s 2011-2012 summer corn forecast was lowered 4.3% to 34.88 million metric tons from a December estimate of 36.44 million tons, crop-forecasting firm AgRural Commodities Agricolas said Friday in an e-mail. That compares with last year’s 35.93 million tons.

Output in the Brazilian southern states of Rio Grande do Sul, Santa Catarina and Parana was reduced 13% to 12.86 million tons from a previous estimate as rain didn’t help recover losses from prolonged dry weather Curitiba, Brazil- based AgRural said.

Brazil’s South is the country’s main producing region for summer corn, which accounts for about 62% of the country’s output. Brazil, South America’s largest economy is expected to produce 59.2 million tons of corn, the Agriculture Ministry said Jan. 10.

The summer crop harvest runs from January through May. The US and Argentina are the first and second-largest exporters of corn.

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Soy, corn fall as rains hit drought-hit Argentina

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U.S. soybean futures fell more than 2 percent on Wednesday in their steepest slide in 1-1/2 months as rains in Argentina brought much-needed relief to drought-stressed crops in key production areas of the world’s third-largest exporter of the oilseed, traders said.

Corn also retreated on the welcome precipitation, but declines were shallower than in soy as a larger share of the corn crop may be beyond repair following weeks of hot, dry weather across Argentina, the world’s No. 2 corn supplier.

Wheat slipped on spillover pressure from lower corn and soy, while a firmer U.S. dollar further weighed on grains.

Heat-stressed corn and soy crops in Argentina were receiving a welcome drink of water at mid-week with from 1 to 2 inches of rain expected, locally up to 3-1/2 inches, over nearly 100 percent of the country by the end of the day on Thursday.

“The rains in Argentina were about as expected and it definitely will improve the crop conditions. But another round of dry weather is expected after the rain and we don’t see another rain event until Jan. 21-23,” said Andy Karst, meteorologist for World Weather Inc.

But trade was restrained ahead of the U.S. Department of Agriculture (USDA) crop reports on Thursday which are expected to indicate some South American corn has suffered irreparable damage, analysts said.

Most of Argentina’s corn crop was in the critical, yield-determining pollination phase of development during the hottest, driest weather over the past month. Soybeans, however, could still benefit from timely rains.

“The market has transitioned its point of view about the weather in Argentina as more of a soybean issue now than a corn issue,” said Rich Nelson, analyst with Allendale Inc.

“The rain overnight is fueling ideas that the beans may not be as damaged. But corn pollination was so poor that you’re probably not going to save the crop,” he said.

Chicago Board of Trade March soybeans fell 2.4 percent to $12.02 a bushel by 10:36 a.m. CDT (1636 GMT) in the steepest decline since Nov. 23.

March corn lost 0.8 percent to $6.47 a bushel. CBOT March wheat dropped for the fifth time in six sessions, shedding 0.8 percent to $6.34-1/2 a bushel.

Positioning ahead of Thursday’s eagerly awaited USDA crop reports could lead to choppy trade later in the session, analysts said. The January report, historically, has triggered sharp price moves in futures.

USDA was expected to trim U.S. corn ending stocks to a fresh 16-year low and downgrade corn and soy crops in South America. The government report was also expected to show an increase in U.S. winter wheat plantings to the largest in three years.



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Soy, corn fall as rains hit drought-hit Argentina

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U.S. soybean futures fell more than 2 percent on Wednesday in their steepest slide in 1-1/2 months as rains in Argentina brought much-needed relief to drought-stressed crops in key production areas of the world’s third-largest exporter of the oilseed, traders said.

Corn also retreated on the welcome precipitation, but declines were shallower than in soy as a larger share of the corn crop may be beyond repair following weeks of hot, dry weather across Argentina, the world’s No. 2 corn supplier.

Wheat slipped on spillover pressure from lower corn and soy, while a firmer U.S. dollar further weighed on grains.

Heat-stressed corn and soy crops in Argentina were receiving a welcome drink of water at mid-week with from 1 to 2 inches of rain expected, locally up to 3-1/2 inches, over nearly 100 percent of the country by the end of the day on Thursday.

“The rains in Argentina were about as expected and it definitely will improve the crop conditions. But another round of dry weather is expected after the rain and we don’t see another rain event until Jan. 21-23,” said Andy Karst, meteorologist for World Weather Inc.

But trade was restrained ahead of the U.S. Department of Agriculture (USDA) crop reports on Thursday which are expected to indicate some South American corn has suffered irreparable damage, analysts said.

Most of Argentina’s corn crop was in the critical, yield-determining pollination phase of development during the hottest, driest weather over the past month. Soybeans, however, could still benefit from timely rains.

“The market has transitioned its point of view about the weather in Argentina as more of a soybean issue now than a corn issue,” said Rich Nelson, analyst with Allendale Inc.

“The rain overnight is fueling ideas that the beans may not be as damaged. But corn pollination was so poor that you’re probably not going to save the crop,” he said.

Chicago Board of Trade March soybeans fell 2.4 percent to $12.02 a bushel by 10:36 a.m. CDT (1636 GMT) in the steepest decline since Nov. 23.

March corn lost 0.8 percent to $6.47 a bushel. CBOT March wheat dropped for the fifth time in six sessions, shedding 0.8 percent to $6.34-1/2 a bushel.

Positioning ahead of Thursday’s eagerly awaited USDA crop reports could lead to choppy trade later in the session, analysts said. The January report, historically, has triggered sharp price moves in futures.

USDA was expected to trim U.S. corn ending stocks to a fresh 16-year low and downgrade corn and soy crops in South America. The government report was also expected to show an increase in U.S. winter wheat plantings to the largest in three years.



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Argentine soya prices up

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Argentina closing soya prices and trends on Friday.

Soya prices in Rosario ended at between 1,245 pesos and 1,290 pesos per tonne ($298-$300) compared with between 1,230 and 1,285 pesos in the previous session.

Trade was almost nil heading into the holiday weekend.

Soyabean futures at the Chicago Board of Trade in 2011 posted their first annual decline in three years, falling 13.7 percent on slowing US soya exports and a softening world economy, traders said.

The front contract unofficially closed up 15-1/2 cents at $12.03 per bushel on Friday, ending the year on a strong note as traders covered short positions and worried about South American crop weather.

In Rosario, soyabeans for May delivery, priced in US dollars, fell $1 to $289 per tonne.


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Argentine soya prices up

Posted by Flora Sawita Labels: , ,


Argentina closing soya prices and trends on Friday.

Soya prices in Rosario ended at between 1,245 pesos and 1,290 pesos per tonne ($298-$300) compared with between 1,230 and 1,285 pesos in the previous session.

Trade was almost nil heading into the holiday weekend.

Soyabean futures at the Chicago Board of Trade in 2011 posted their first annual decline in three years, falling 13.7 percent on slowing US soya exports and a softening world economy, traders said.

The front contract unofficially closed up 15-1/2 cents at $12.03 per bushel on Friday, ending the year on a strong note as traders covered short positions and worried about South American crop weather.

In Rosario, soyabeans for May delivery, priced in US dollars, fell $1 to $289 per tonne.


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Lack of rain may hurt Argentinean soya

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Argentina's 2011-12 soya crop could suffer if it does not rain soon in key growing areas, the Buenos Aires Grains Exchange said on Thursday.


Soya seedings in the world's top exporter of soyaoil and soyameal were delayed in the last week due to limited precipitation in many areas, linked to the La Nina weather phenomenon.


The forecast for rain in the coming days "does not cover critical regions like southern Cordoba and most of Buenos Aires province, regions where conditions could worsen once northern winds and a heat wave return," the exchange said in its weekly crop progress report.


Buenos Aires province is the biggest soya-growing district in Argentina.


By Thursday, farmers had seeded 75.6 percent of the 18.85 million hectares earmarked for the crop, advancing 2.7 percentage points from a week earlier and outpacing last season's sowing tempo by 0.9 points.


"The amount of rain and the temperatures seen in the coming weeks will determine how much area is ultimately planted (with soya)," the exchange said.


Agriculture Ministry authorities have estimated this season's soyabean production at between 52 million and 53 million tonnes.


No official output estimate has been released by the government or the grains exchange.


The US Department of Agriculture forecasts Argentina's 2011/12 soya output at 52 million tonnes, up from 49 million tonnes in the prior crop year.


With regard to the corn crop, farmers had seeded 74.6 percent of the 3.74 million hectares estimated for planting with commercial-use corn by Thursday, advancing 3.3 percentage points from a week before.


Argentina is the world's No 2 corn supplier after the United States.


Rains in some areas improved the crop's condition in the last week, but elsewhere moisture is lacking.


"Early-seeded corn in much of the central region, have already seen their potential yields reduced, and there have been plots lost as well," the exchange report stated.


Local government officials have estimated the 2011/12 corn crop at up to 30 million tonnes, which would be a record high.


The USDA foresees an Argentine harvest of 29 million tonnes.


Warm, dry weather has been a plus for the wheat crop, which is in its final development stages or is being harvested.


The grains exchange forecasts 2011/12 production at 13.6 million tonnes.


Argentina is also one of the world's biggest wheat suppliers.


By Thursday, growers had gathered 65 percent of harvestable areas planted on a total of 4.6 million hectares.


This shows progress of 14.5 percentage points in the last week and puts the harvest pace 12 points ahead of last season's.


The Agriculture Ministry forecasts wheat output at 12 million tonnes, while the USDA estimates 14.5 million tonnes.





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Lack of rain may hurt Argentinean soya

Posted by Flora Sawita Labels: , , , ,


Argentina's 2011-12 soya crop could suffer if it does not rain soon in key growing areas, the Buenos Aires Grains Exchange said on Thursday.


Soya seedings in the world's top exporter of soyaoil and soyameal were delayed in the last week due to limited precipitation in many areas, linked to the La Nina weather phenomenon.


The forecast for rain in the coming days "does not cover critical regions like southern Cordoba and most of Buenos Aires province, regions where conditions could worsen once northern winds and a heat wave return," the exchange said in its weekly crop progress report.


Buenos Aires province is the biggest soya-growing district in Argentina.


By Thursday, farmers had seeded 75.6 percent of the 18.85 million hectares earmarked for the crop, advancing 2.7 percentage points from a week earlier and outpacing last season's sowing tempo by 0.9 points.


"The amount of rain and the temperatures seen in the coming weeks will determine how much area is ultimately planted (with soya)," the exchange said.


Agriculture Ministry authorities have estimated this season's soyabean production at between 52 million and 53 million tonnes.


No official output estimate has been released by the government or the grains exchange.


The US Department of Agriculture forecasts Argentina's 2011/12 soya output at 52 million tonnes, up from 49 million tonnes in the prior crop year.


With regard to the corn crop, farmers had seeded 74.6 percent of the 3.74 million hectares estimated for planting with commercial-use corn by Thursday, advancing 3.3 percentage points from a week before.


Argentina is the world's No 2 corn supplier after the United States.


Rains in some areas improved the crop's condition in the last week, but elsewhere moisture is lacking.


"Early-seeded corn in much of the central region, have already seen their potential yields reduced, and there have been plots lost as well," the exchange report stated.


Local government officials have estimated the 2011/12 corn crop at up to 30 million tonnes, which would be a record high.


The USDA foresees an Argentine harvest of 29 million tonnes.


Warm, dry weather has been a plus for the wheat crop, which is in its final development stages or is being harvested.


The grains exchange forecasts 2011/12 production at 13.6 million tonnes.


Argentina is also one of the world's biggest wheat suppliers.


By Thursday, growers had gathered 65 percent of harvestable areas planted on a total of 4.6 million hectares.


This shows progress of 14.5 percentage points in the last week and puts the harvest pace 12 points ahead of last season's.


The Agriculture Ministry forecasts wheat output at 12 million tonnes, while the USDA estimates 14.5 million tonnes.





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Argentina's government holds soya area outlook at 19 million hectares

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Argentina's government has kept its forecast for 2011/12 soya area at 19 million hectares, despite growing concerns over dry weather in the world's top soyaoil and soyameal exporter.

In its latest monthly crop report, the government also held its outlook for 2011/12 wheat production at 12 million tonnes and maintained its 2011/12 corn area forecast at 4.9 million hectares.

Argentina is a major global supplier of these crops and dry weather in recent weeks has begun to hurt prospects for soya and corn.

Wheat is safer since farmers are already harvesting it.

"Farmers didn't finish seeding estimated soya area (in central Buenos Aires province) and the main factor was the lack of moisture and the low temperatures," the government said in its weekly report, published on Friday.

"Crop development is very patchy," the report added.

Buenos Aires province is the biggest soya-producing district in Argentina.

By Thursday, growers had sown 77 percent of estimated soya area and 83 percent of corn area, the government said.

With regard to the 2011/12 corn crop, the government said the condition of plants varied greatly depending on when they were seeded.

Agriculture Ministry authorities have said soya output could come in at between 52 million and 53 million tonnes, while corn production could reach a record 30 million tonnes.

Officially the government has not released estimates for either crop.

Meanwhile, farmers have gathered 52 percent of harvestable wheat area.

That grain is in good shape thanks to plentiful rains at a key moment in the crop's development.

The US Department of Agriculture estimates Argentine soya during this crop year at 52 million tonnes, corn at 29 million tonnes and wheat at 14.5 million tonnes.


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Argentina's government holds soya area outlook at 19 million hectares

Posted by Flora Sawita Labels: , , ,


Argentina's government has kept its forecast for 2011/12 soya area at 19 million hectares, despite growing concerns over dry weather in the world's top soyaoil and soyameal exporter.

In its latest monthly crop report, the government also held its outlook for 2011/12 wheat production at 12 million tonnes and maintained its 2011/12 corn area forecast at 4.9 million hectares.

Argentina is a major global supplier of these crops and dry weather in recent weeks has begun to hurt prospects for soya and corn.

Wheat is safer since farmers are already harvesting it.

"Farmers didn't finish seeding estimated soya area (in central Buenos Aires province) and the main factor was the lack of moisture and the low temperatures," the government said in its weekly report, published on Friday.

"Crop development is very patchy," the report added.

Buenos Aires province is the biggest soya-producing district in Argentina.

By Thursday, growers had sown 77 percent of estimated soya area and 83 percent of corn area, the government said.

With regard to the 2011/12 corn crop, the government said the condition of plants varied greatly depending on when they were seeded.

Agriculture Ministry authorities have said soya output could come in at between 52 million and 53 million tonnes, while corn production could reach a record 30 million tonnes.

Officially the government has not released estimates for either crop.

Meanwhile, farmers have gathered 52 percent of harvestable wheat area.

That grain is in good shape thanks to plentiful rains at a key moment in the crop's development.

The US Department of Agriculture estimates Argentine soya during this crop year at 52 million tonnes, corn at 29 million tonnes and wheat at 14.5 million tonnes.


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Argentine fishing chief to become agro minister

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Argentina's Undersecretary of Fishing Norberto Yahuar will replace the departing agriculture minister when the country's new government is sworn in this month, a high source at the farm ministry said.

Agriculture is a vital sector in Argentina, the world's top soymeal and soyoil exporter. Current farm minister Julian Dominguez will soon leave the post to take a seat in Congress.


"It's confirmed. Yahuar will without a doubt become our next agriculture minister," the source told Reuters late Wednesday on condition of anonymity.


Several Argentine newspapers reported on Wednesday that Yahuar, a career politician in his native Chubut province and a close ally of the centre-left government, was first in line for the job.

Dominguez's successor will face such challenges as maintaining an improved relationship with farmers as well as implementing new government grains trade policies, including an overhaul of local corn and wheat markets to help improve profits for growers.

Dominguez is credited with helping improve relations with Argentina's agro sector after President Cristina Fernandez's government was hit by massive protests by farmers in 2008 over a soy tax increase. The tax hike was later rescinded.

Fernandez won re-election by a 54-percent landslide last month despite her tense relationship with farmers.

Her centre-left government has not announced who will take Dominguez's spot or who will replace Economy Minister Amado Boudou, who was Fernandez's running mate in the Oct. 23 election and will become vice president on Dec. 10 when the new government is sworn in.



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Argentine farmers say costly credit may hurt output

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Argentine farmers face higher interest rates on bank loans during a key part of the planting season, which they say could affect world grains supply by reducing local investment in production.

Loans for prefinancing late-year sowing of soya and corn have popped 3 to 4 percentage points higher.

The trend started in early October but sped up at the start of this month, after the government adopted controls meant to halt capital flight.

"All of this works against productivity," said Ernesto Ambrosetti, chief economist at the Argentine Rural Society, which represents some of the country's biggest soya farms.
"Growers will invest more cautiously to reduce risks, meaning they will invest less," he added.

"Borrowing money to prefinance planting has become riskier today than it was before." Argentina is the world's No 1 soyameal and soyaoil exporter, as well as its third-biggest soyabean supplier.

The South American country is also a major supplier of corn and wheat.
Farmers are currently planting 2011/12 soya and corn, both of which could yield record crops.

Wheat harvesting has started in some areas of the country but begins in earnest next month.

"The increase in interest rates is coming at a bad time, when production is in full force," said Julio Curras, first vice president of the Argentine Agrarian Federation, which represents small- and medium-sized farmers.
"Today, when growers go to the bank, they can't get credit as easily as before," he said.

With its vast, fertile Pampas, Argentina is in a good position to cash in on soaring world food demand.

But it lags its neighbours in attracting private capital.
Investors fear the government's unorthodox and hard-to-predict policies may leave the country vulnerable to fallout from the slow world economy, particularly if key commodities client China has a hard landing.

Many Argentines, fearing that the government would allow a sharp depreciation of the local peso after the expected re-election of President Cristina Fernandez on October 23, began shifting from pesos to dollars starting in late September.

To convince more depositors to keep their pesos in the bank, financial institutions started offering higher interest rates.

The Badlar reference rate for large 30-day peso deposits rose from about 12 percent at the end of September to 19 percent by November 21.

This is still below consumer inflation, which is estimated at between 20 percent and 25 percent, meaning the interest rates are negative in real, or inflation-adjusted, terms.

To compensate for the higher rates paid to depositors, banks raised rates on loans tto farms and other businesses After easily winning a second term in last month's election, Fernandez cracked down on the peso-to-dollar trade through a series of controls that economists said were aimed at halting capital flight.


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Argentine rains could prompt soybean area expansion

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Major world soya supplier Argentina got heavy rains over the last week that could set the stage for a larger-than-expected area to be planted this season, the Buenos Aires Grains Exchange said on Thursday.

The exchange did not boost its soya area estimate but said it might if good weather encourages farmers to devote more land to the crop.

"There could be an impact on planned sowing, increasing the zone above our current projection," the exchange said in its weekly crop progress report.

But any expansion at this point would be minimal, said agricultural economist Manuel Alvarado Ledesma, noting most of Argentina's prime soya area in the provinces of Buenos Aires, Cordoba and Santa Fe has already been planted.
"Even if good weather continues, I don't think there is much room or time for farmers to plant more than they had expected to," he said.

The exchange said that, nation-wide, 25 percent of the 18.6 million hectares (45.96 million acres) expected to be planted with 2011/12 soya was already in the ground, marking a 12.5 percentage point advance during the week.
"Strong rains fell over most farming areas in the days leading up to this report.

These showers allowed the recharging of soils in most growing areas, guaranteeing very good flowering of soya over the weeks ahead," the report said.

"The provinces of Cordoba and San Luis still need rains in order to have favourable moisture conditions," the report said.
Argentina is the world's top soyameal and soyaoil exporter and the No 3 soyabean supplier.

The government says farmers will produce between 52 million and 53 million tonnes this season, up from 48 million in the previous.

Planting of commercial use corn was meanwhile slowed by rainstorms over the last week.

"Sowing nation-wide has covered 58.3 percent of the 3.74 million hectares estimated for corn production, reflecting progress of only 1.5 percentage points compared with our previous weekly report," the exchange said.
"In central Buenos Aires province, planting was delayed due to rains in the days leading up to this report," the exchange added.

"Despite this, 70 percent of the corn expected to be planted in the area has been sown." Argentina's corn production should hit a record 28 million tonnes this season if the weather stays favourable, Alberto Morelli, the head of the Maizar industry group said this week.
The country is the world's No 2 corn supplier after the United States.

It produced 23 million tonnes of the grain last season, according to government data, which was also a record.

The exchange said it expects a 2011/12 wheat crop of at least 12.6 million tonnes.

"It could be higher if weather conditions are favourable," the report said.
Harvesting nation-wide has reached 10.5 percent of the 4.6 million hectares devoted to wheat, marking a 4.3 percent advance over the seven days through Thursday.

The government authorised 300,000 tonnes of international wheat sales on Wednesday, under its export quota system.
Another 400,000 tonnes of corn are expect to get export approval next week, according to local market sources.

Farmers complain about the quota system, saying it drives prices down by oversupplying the domestic market, allowing international traders to buy at cheap prices and export at a huge profit when the sporadic authorisations are granted.


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