Tag: South America agriculture

• Wednesday, November 7th 2012 - 04:27 UTC

  Soy crop prospects fin South America down: Argentina excessive water, in Brazil lack of rain

  

  South America’s crop prospects deteriorated because of excessive rainfall in Argentina and dry conditions in central Brazil, according to Oil World. Argentina’s estimated 55/56 million tons soybean crop could drop anywhere from 3 6o 6 million tons because of delays in sowing caused by torrential rains and flooding.