Corn Currently, Argentine farmers have harvested 22 percent of the corn area, with a weekly progress of only 2.3 percent. While soybean harvesting takes precedence and progresses much faster, farmers are only now able to enter some fields after the rains of the past few weeks. The Buenos Aires Grain Exchange presents a rather discouraging outlook for corn this week and has once again reduced estimated production by 3 MMT to 46.5 MMT. Heat stress and the effect of the leafhopper infestation and the Spiroplasma bacteria will prevent harvesting on 17 percent of the area, primarily in the north of the country and – to a lesser extent - in the central-north agricultural area. Yield reductions are expected for these same reasons. Fortunat...