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Peanuts: crop in good condition despite drought

February 2, 2022 at 9:27 AM , Der AUDITOR
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BUENOS AIRES. Heat and drought significantly depleted the soils in Argentina's growing regions in December, and the moderate rainfalls that followed are unlikely to have improved soil moisture again. Farmers are therefore dependent on timely rainfall during the important growing season in order to achieve their planned goals.

Yield growth expected

The USDA estimates the area under cultivation for Argentina's 2022 peanut crop at 380,000 ha, around 20,000 ha less than last year. This is justified by the higher profits that can be achieved by growing other agricultural commodities such as corn and soybeans. The prices for peanuts have risen proportionally less compared to those of other commodities. With an average yield of 3.42-3.68 mt/ha, production is expected to yield 1.3-1.4 million mt of inshell peanuts, according to experts. This is because despite the climatic challenges,

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