January 12, 2010

 

Argentina's corn exports seen at nine million tonnes

 

 

President Cristina Fernandez of Argentina announced that the country should have at least nine million tonnes of corn available for export this season.

 

Farmers have almost finished sowing 2009-10 corn in Argentina, with recent rains allowing them to sow a little more than planned and have improved crop conditions.

 

Fernandez also expects a very good harvest.

 

Argentina's Agriculture Ministry has not yet forecast corn production, but the Buenos Aires Grains Exchange raised its latest estimate for the current harvest to 16.5 million tonnes last week.

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