Unusually dry weather is making Argentine farmers nervous as they wait for Octob...
BUENOS AIRES - Unusually dry weather is making Argentine farmers nervous as they wait for October rains to revive parched corn crops, adding to uncertainty around next month’s presidential election that could see business-friendly incumbent Mauricio Macri lose power.
Farmers had already started turning to soy over more expensive corn as a way to reduce risks after left-leaning challenger Alberto Fernandez’s emphatic victory in primary elections last month sent the peso currency into a tailspin. Growers fear that those policies, which they say killed farm profits, would return if Macri fails to get re-elected.
“Western growing areas are very dry and we do not expect any relief this month,” he said. “September will end with a lot of areas in drought.”
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