NEWS
South America Calling
Alastair Stewart South America Correspondent
Fri Jan 3, 2014 12:28 PM CST

Rains across the majority of Argentina's grain belt over the last few days have left corn and soybean crops in great condition, the Buenos Aires Cereals Exchange said in its weekly report Friday.

Ample showers since Sunday in most key grain areas -- the exceptions being west, central and southern Buenos Aires and the lower half of La Pampa -- nourished corn crops just when it was needed.

With September-planted corn in critical phases of development, the two-week dry spell in the run-up to Christmas had put farmers on alert. But the rain has corrected soil moisture levels in the ...

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