BUENOS AIRES, Argentina (Reuters) — Argentina should produce 51 to 52 million tonnes of soybeans in 2012-13 and 27 million tonnes of corn, agriculture minister Norberto Yauhar said, forecasting an output increase from the previous season.
The South American country is the world’s third-biggest supplier of both soybeans and corn.
Other crops, such as sunflowers, are also developing well this season, the minister said on the sidelines of a public event in Buenos Aires.
“All included, we are sure to see an overall harvest of 103 to 104 million tonnes,” Yauhar said.
Argentina produced 40.1 million tonnes of soy and 21 million tonnes of corn last season, when yields were reduced by drought.
Argentina’s record high soy harvest was 52.7 tonnes in the 2009-10 crop year, and a record high 23.8 million tonnes of corn were produced in the 2010-11 season.
