Argentina Drought: Economy Loses $4.6 Billion USD; Soy Crop Estimates Drop 14 Percent

16 Mar 2018 by Local Press Report
BUENOS AIRES

Argentina's Rosario Grains Exchange slashed 14% off its forecast for the country's soy crop on Thursday, saying a drought now in its fourth month would limit the harvest to 40 million tons versus its previous estimate of 46.5 million. Argentina has been suffering dry weather since last November.

Source: Merco Press

Source: Merco Press