Argentina's early-planted corn crop was hit by a December 2011–January 2012
drought that cut yields by 40 percent in the key agricultural province of
Buenos Aires, according to the country's Agriculture Ministry.
As a result, average yields are expected to range from 3,000 to 6,000 kilos per hectare in the areas that are still economically viable to harvest. Late-seeded fields have benefitted from regular rains, and Argentina's government is predicting total corn output at 21 to 22 million metric tons.
As a result, average yields are expected to range from 3,000 to 6,000 kilos per hectare in the areas that are still economically viable to harvest. Late-seeded fields have benefitted from regular rains, and Argentina's government is predicting total corn output at 21 to 22 million metric tons.
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