News from Argentina

According to the grain stock exchange in Buenos Aires, sunflower yield in Argentina will reach 3.5 mln tons this season, which is 40% more than the previous year.

According to statistics from the Insitute of Climate and Water Resources in the country, corn and soybean crops in Argentina are at a key stage of their growth. The weather is getting stedier after the January floods in some parts of the country and drought elsewhere. Last week's suffient rainfall and perfect air temperature are likely to result in record high soybean and corn yields. Stock exchange analysts increased their soybean yield forecast to 54.8 mln tons.