Dryness in Argentina is hitting the outlooks for wheat and corn crops, local cli...
BUENOS AIRES - Dryness in Argentina is hitting the outlooks for wheat and corn crops, local climate experts said, while low-cost soy is being supported by growers looking to hedge their bets with political uncertainty rising ahead of October’s presidential vote.
Sierra, climate consultant to the highly referenced Buenos Aires Grains Exchange, has cut his 2019/20 wheat crop forecasts to 17 million tonnes from 20 million tonnes previously and his corn crop outlook for this season by a fifth to 40 million tonnes. His soy projection has edged down to 50 million tonnes.
Argentina this month signed a soymeal export deal with China, linking the world’s biggest international supplier of the livestock feed with its biggest consumer. The pact was inked as Washington and Beijing fight a trade war that is reconfiguring global supply chains. Growers started planting corn in September, while soy starts going into the ground in October. Wheat was sown in June-July and will be harvested at the turn of the year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Argentina's Macri launches election push with Buenos Aires marchArgentine President Mauricio Macri told a crowd of thousands of supporters on Sa...
Read more »
Safe and Supported: Inside the DIY Abortion MovementNew data shows that abortion rates in the U.S. are at their lowest since abortion became legal nationwide in 1973—perhaps, as nytimes reported, due to more women managing their abortions by themselves, without the help of a medical practitioner:
Read more »
The U.S. Is Growing More Corn Than It Can Handle(Bloomberg Opinion) -- This year’s U.S. corn crop isn’t looking great. Soggy spring weather in many parts of the Midwest delayed planting, and warmer-than-normal temperatures lately have been posing their own problems.(1)Still, while the 13.8-billion-bushel corn harvest currently projected by the U.S
Read more »
Ireland's hopes and mood shifted in 80 minutes - reactionIreland's positive outlook on their rugby side's chances of winning th...
Read more »
Hong Kong activist Joshua Wong to run for local officeA prominent Hong Kong activist who shot to fame as a youth leader during the 2014 Umbrella Movement has announced he'll run for local office. The 22-year-old says any attempt to disqualify him will only add momentum to monthslong pro-democracy protests.
Read more »