Argentina Crop Update - 2

Corn Crop Looks Spectacular, but Profits are Sparse

Great-looking corn in Maria Teresa, Santa Fe province, in Argentina. Farmers registered record yields from the 2014-15 crop; however, the margins were extremely tight. (DTN photo by Alastair Stewart)
Great-looking corn in Maria Teresa, Santa Fe province, in Argentina. Farmers registered record yields from the 2014-15 crop; however, the margins were extremely tight. (DTN photo by Alastair Stewart)
Argentine farmers are registering spectacular corn yields in 2014-15 but low prices, taxes, inflation and a strong peso mean profits will be meager. Next season, corn acreage could drop substantially.

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