BUENOS AIRES (Reuters) – Argentina’s soy and corn fields were expected to stay mostly dry next month as a four-month-old drought bites deeper into crop yields, analysts said on Wednesday, with one warning of a “worst-case scenario” developing on the Pampas grains belt. Hot, dry weather in the world’s No. 3 exporter of raw soybeans […] Read more
Stories by Hugh Bronstein
Damage to Argentina soy, corn yields worsens as drought lingers
BUENOS AIRES (Reuters) – Argentina’s parched corn- and soy-growing areas will remain dry in the days ahead, forecasters said on Wednesday as farmers calculated yield losses caused by a three-month-long drought that was expected to get worse before it gets better. Yield damage to early planted soy and corn in the key Pampas farm belt […] Read more
Argentine wheat exports leap on Macri policies; plantings seen up
BUENOS AIRES, May 16 (Reuters) – Argentine wheat exports more than doubled in the first quarter, government data showed, as farmers rushed to sell stockpiles ahead of an expected jump in plantings spurred by the open-market policies of new President Mauricio Macri. The surge in Argentine supply is hitting an oversaturated world market and putting […] Read more
Argentina’s Macri ditches wheat, corn, beef export taxes
BUENOS AIRES, Dec 14 (Reuters) – Argentine president Mauricio Macri said he would sign a decree on Monday eliminating corn and wheat export taxes as part of his plan to revitalize the country’s massive farm sector after years of antagonism with the government. The decree will also cut the export tax on soybeans, the country’s […] Read more
