Argentina Crop Outlook - 2
Alastair Stewart South America Correspondent
Mon May 7, 2012 08:51 AM CDT

BUENOS AIRES, Argentina (DTN) -- Drought punished the Argentine corn crop for the third time in four years this season, inflicting heavy losses on the world's No. 2 exporter.

Farmers saw productive potential slashed by 30% and profits evaporate following an intense six-week dry spell across all the principle producing regions.

"It has been another really difficult year for corn. Much of the crop lacked proper moisture during the key (dough and dent) stages and never really recovered," said Santiago del Solar, who plants 30,000 acres across northern and western Buenos Aires province along with his family partners.

As a ...

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