Consultant Raises Argentine Soybean Estimate

Soybean yields in northern Argentina are a little better than expected.

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flag of Argentina
(Farm Journal)

Soybean yields in northern Argentina are a little better than expected. As a result, Crop Consultant Dr. Michael Cordonnier raised his Argentine soybean crop estimate by 1 MMT to 41 MM. Cordonnier kept his Argentine corn crop estimate at 49 MMT. He also maintained his Brazilian corn crop estimate at 107 MMT, which is lower than most other forecasts.

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