Argentine grain crops continue to look in excellent condition with showers nourishing soybeans and corn over the last week, the Buenos Aires Cereals Exchange reported Thursday.
The rains did not greatly impede soybean harvest efforts, which moved forward 6.8 percentage points during the week to reach 13.8% complete as of Thursday.
In its weekly report, the exchange noted that yields from the latest soybeans collected had fallen by around 6% to 60 bushels per acre. This is a phenomenon that it expects to continue. But a bumper crop of 58.5 million metric tons is still expected
Drier weather has also ...