Argentina's corn harvest is two-thirds complete

Corn contracts were unable to escape the bearish sentiment in agricultural markets on either side of the Atlantic and ended the weekend with losses. The price declines on the CBoT were more pronounced and were in the double-digit range. Meanwhile, it is reported from the USA that some rain in the CornBelt brought some relief over the weekend. Nevertheless, the drought situation there remains tense. In South America, the corn harvest is progressing for the Argentines. It is said that the maize harvest has ended on almost two thirds of the areas. Compared to the previous weeks, the work is progressing much more slowly. Again and again, short, heavy rains interrupt work in the fields.

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