Anticipated rainfall never made it to Argentina, increasing the chance of poor crop yields after four months of dry weather. Argentine crop forecasts have dropped from the 55 million tonne range in the beginning of the season to around 40 million, and some corn has been harvested, but the yields are reported to be poor. Argentina is the world's third largest exporter of soyabeans and the largest supplier of soyameal livestock feed.
Anticipated rainfall never made it to Argentina, increasing the chance of poor crop yields after four months of dry weather. Soyabean crop forecasts have dropped from the 55 million tonne range in the beginning of the season to around 40 million, and some corn has been harvested, but the yields are reported to be poor. Argentina is the world's third largest exporter of soyabeans and the largest supplier of soyameal livestock feed.