04 November 2012

ARGENTINA : 05 Nov UPDATE: Sun Returns! Planting Resumes In Flooded Farmlands.

               IST LINK CHANGE:

     The sun has finally broken out in the rich agricultural nation! 
     Farmers have begun to plant corn and soy again.
     And the stubborn floods from 3 months of record rains that plagued Argentina...and threatened expected record crop exports for 2012/13...are drying-up.
     Over 11 million hectares of rich corn and soy farmland in Buenos Aires province alone were under water...and new plantings were down 9% from last year.
     Argentina is the globe's number 3 soybean producer...and leads in soy oil and soy meal.