Rosario Exchanges Cuts Forecast for Argentine Soybean Production The Rosario Grains Exchange today reduced its forecast for Argentine soybean production this year from 53 MMT to 48 MMT. It said the reduction was because of the extreme heat that has impacted northern parts of the country. It singled out the province of Salta as an area where the crop is in very serious condition because of drought in consecutive years. The exchange said the country's national average yield this year will be 2.5 MT/hectare (37.1 bushels/acre). The average yield in Buenos Aires province is forecasted at 2.5 MT/hectare, while the yield in Cordoba province is forecasted at 2.65 MT/hectare (39.4 bushels/acre).The exchange release indicated rains that fell 18-1...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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