Argentina Corn Suffering Permanent Damage
Jan 13, 2011
Despite what the numbers may indicate and despite the recent rains, a majority of the damage to the Argentine corn crop has been done already. Locals are saying that pollination is starting to be very spotty, the ears are extremely short, and the test weights are going to be lighter than normal. For my-non producers, you have to realize that once corn experiences poor pollination, the affects can not be reversed later in the growing season. If the weather does happen to improve the benefits will only help the corn planted later in the year. If the weather improves dramatically I have to believe Argentina still only ends up with a crop of about 20 million tons. The only thing that will improve is the crop planted later in the year. If the weather stays hot and dry...yields could fall apart and drift downward to 16 or 17 million tons. In summary you have to believe the damage has already been done, the question remaining is how bad will it get and how low will yields fall...not "if" yields will fall.
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