14.
02.22
10:26

Argentina expects less corn

Euronext corn followed wheat prices into the black on Friday. The March date recorded a gain of EUR 4.25/ton to EUR 255.00/ton. Supported by the bullish indications of the wheat markets, the futures on the CBoT also started the weekend with profits. In Argentina, due to the unfavorable cultivation conditions, the Bage experts lowered the forecast for corn production again and now stands at 51 million tons. Rosario analysts are more pessimistic with a forecast of 48 million tons.

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