Argentina’s Rosario grains exchange cut its estimates for the country’s 2023/24 soybean and corn harvests to 49.5 million and 57 million metric tons, respectively, due to a heat wave in late January and early this month.Argentina is among the world’s top two exporters of soy oil and meal, and the no. 3 global exporter of corn.
February 21, 2024
SOURCE: NASDAQ
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https://www.nasdaq.com/articles/argentina-corn-and-soy-outlooks-take-hit-after-heat-wave