A Deeper Look at Argentina’s 2020-21 Soybean Crop Prospects
Argentina’s 2020-21 soybean crop continues to be debated. The USDA lowered their estimate slightly from 48.0 down to 47.5 MMTs in yesterday’s March update. But this is still more optimistic than the Buenos Aires Grains Exchange, which currently pegs total soybean production at 46 MMTs. The latest crop condition ratings show only 15% of the …
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