Argentina's Ministry of Agriculture: Corn yield rises by 16.8%

Argentina's Ministry of Agriculture published its first forecast for corn and soybean yields in the current season as well as for the areas under wheat cultivation in 2017 – 2018.

In 2016 – 2017 corn yield in Argentina will reach 46.5 million tonnes (+ 16.8%) and soybean yield - 58 million tonnes (-1.4%).

In the new season, areas under wheat cultivation in the country will fall to 6 million hectares, given 6.36 million hectares last year, when the yield amounted to 18.39 million tonnes.