Argentina will delay issuing more corn export permits until April 19 while it studies crop damage caused by drought,
according to Agriculture Minister Norberto Yauhar.
An allocation of 7.5 million metric tons has already been granted, of a total 21 to 22-million-metric-ton total harvest expected. Argentina is expected to need 8 million metric tons of the corn crop for domestic use, said Yauhar.
An allocation of 7.5 million metric tons has already been granted, of a total 21 to 22-million-metric-ton total harvest expected. Argentina is expected to need 8 million metric tons of the corn crop for domestic use, said Yauhar.
Does domestic mean ethanol and plastics? Or food? Either way, there is definitely going to be a shortage on corn export because of the drought... :(
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