Argentina: Corn yield forecast for 2016-2017 got raised to a new record
21 Jul, 2017
According to estimate of Argentina's Ministry of Agriculture, corn yield in 2016 – 2017 will reach a record high of 49 million tonnes given a previous forecast of 47.5 million tonnes - an all time record high.
According to the analysts all the prerequisites for this to happen are at hand.
Argentina is the third largest exporter of corn after the US and Brazil.