Rains Delay Argentina Soy

Heavy rains in Argentina have delayed the planting of 2011-12 soy, but the moisture was expected to help speed plantings over the days ahead, the government said in a weekly report on Nov. 25. Farmers had planted 56 per cent of the 19 million hectares expected to be planted with 2011-12 soy. Good soil moisture conditions (in central Santa Fe province) will allow for significant progress in terms of planting over the days ahead, the report said. We don t see a change in planted area because of the late rains, said Andre Pessoa, director at Agroconsult analysts. Reuters

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