Because of Argentina's worst drought in 30 years, prospects for corn production are deteriorating

Im corn belt Argentina's worst drought in the last 30 years persists, affecting the outlook for the grain production deteriorated significantly in 2022/23, reports Reuters.

As reported, the drought in Argentina has lasted almost four months and forecasters predict that the rainfall deficit will continue.

In this ZusaMeanwhile, Rosario Stock Exchange experts are expected to make a downward revision to the country's corn acreage in their September report, while they had predicted a figure of 8,2 million hectares a month earlier.

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