Argentina Crop Outlook - 3
Alastair Stewart South America Correspondent
Tue May 8, 2012 06:19 AM CDT

SAN ISIDRO, Argentina (DTN) -- Arranging paperwork in his modern ground floor office in San Isidro, an affluent suburb of Buenos Aires, Luiz Gonzalez Victorica looks a little agitated.

The director of Cazenave and Asociados, a farm consultancy that manages around 200,000 acres, has good reason to be concerned after drought across the Argentine Pampas slashed an estimated 20% off his soybean, corn and sunflower crops this summer.

"We have crop insurance that covers about half of that, but we now have a lot to make up over the next three years to keep our investors happy," said the distinguished-looking ...

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