CHRISTOPHERSEN, Argentina (DTN) -- With credit hard to come by and margins tight, Argentine farmers cut back investments in their soybean crop as far as they dared in 2014-15.
It left them susceptible to bad weather, but they needn't have worried. The season ran almost perfectly with an average of over 30 inches of rain falling across the main grain regions between September and March.
With the harvest now three-quarters complete, a record crop of as much as 60 million metric tons appears assured, up around 5% on last year.
"The crop has exceeded all expectations. We have extremely strong ...