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Argentina's Corn Planting Expected To Drop 26% In Teeth Of Current Drought - Bloomberg

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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 12:05 PM
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Argentina's Corn Planting Expected To Drop 26% In Teeth Of Current Drought - Bloomberg
Jan. 16 (Bloomberg) -- Argentine corn planting will drop 26 percent for the coming harvest as a drought discourages growers from sowing the grain, the Buenos Aires Cereals Exchange said.

Planting will drop to 2.38 million hectares (5.88 million acres), from 3.2 million hectares in the past season, the exchange said today in a statement.

EDIT

http://www.bloomberg.com/apps/news?pid=20601086&refer=latin_america&sid=asX2yI2kS990
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