Corn Argentina Rumors about a non-official agreement between the government and exporters to cap Argentina’s export sales at 38.5 MMT have been circulating for some time, but last week the government officially announced the policy and closed additional declarations. The government is saying that export declarations are open, but one can only register new sales against nominated vessels (which are usually nominated seven days prior to arrival). That is hard and risky to do, which means the export sales declarations are essentially closed.  Exporters have already bought the 38.5 MMT in the local market, and the lack of export buying interest immediately affected prices. Last Monday was a national holiday in Argentina and the ma...