The soybean area will grow again in Argentina in the 2013/2014 season with a new record. This would result in a new delay on corn, which will have its area reduced due to higher costs and lower prices. Both crops compete for cultivated area in the last decades. “The soybean area will be consolidated around 49 million acres and (production) can reach 55 million tons a year. It can set a new record”, said analyst Gustavo López, director of the consultancy Agritrend, in an interview to Ámbito Financiero.
López predicts that the corn for the next season in Argentina will be traded at US$ 155/ton – which is US$ 200 lower than in the 2012/2013 season. The tax on exports, which are imposed in the country, are discounted on the value. Soybean is being sold at nearly US$ 290.
López projects a corn area of approximately 10.6 million acres, while the forecast for production, if the weather continues to help, is 25 million tons. A survey by BLD, a consultancy from Rosario, reveals that production cost for corn was US$ 1,437/ha for corn, while the costs for soybean was US$ 1,051/ha for soybeans in the 2012/2013 season.
(Source – http://www.blackseagrain.net/about-ukragroconsult/news-bsg/corn-will-lose-more-area-for-soybeans-in-argentina-says-consultant)