Dryness wallops Argentina’s soy crop forecast, more cuts expected

Capt. John

Soy crops in key parts of Argentina’s farm belt have been hit by a yield-shriveling drought, spurring the Rosario grains exchange to slash its 2020/21 harvest estimate by 4 million tonnes to 45 million. Analysts warned of more harvest forecast reductions ahead. “February and the first 10 days of March did not provide significant rains …

The post Dryness wallops Argentina’s soy crop forecast, more cuts expected first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/dryness-wallops-argentinas-soy-crop-forecast-more-cuts-expected/

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