Although Argentina’s soybean crop for the 2023-24 marketing year was revised lower due to a recent stretch of hot and dry weather, production is still forecast to nearly double last year’s output, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.The FAS had lowered its estimate by 1 million tonnes, to 49.5 million, in a Global Agricultural Information Network report released on March 14.
March 20, 2024
SOURCE: UKR AGROCONSULT
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