March 2, 2004



Argentina 2003-04 Corn Fully Planted
Argentina's farmers have finished planting the country's 2003-04 corn crop, the Agriculture Secretariat reported Monday.
The Secretariat estimates the size of the 2003-04 corn crop at 2.864 million hectares, compared with 3.084 million hectares the previous year.
The Secretariat's numbers differed from those provided by the Buenos Aires Cereals Exchange, which said three weeks ago that farmers had finished planting an area that totals 2.23 million hectares, though this does not include corn used for feed.
The exchange also said as of Saturday farmers have already harvested 8.7% of the 2003-04 crop.
Yields on the corn collected averaged 6.15 metric tons per hectare, according to the exchange.
Given these yields, the exchange has forecast total 2003-04 output of 12.8 million tons.
Argentina produced 15 million tons of corn in 2002-03, according to the Secretariat.
The U.S. Department of Agriculture has forecast 2003-04 corn production at 12.5 million tons.

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