The Buenos Aires grains Exchange increased its estimate for this year's corn harvest dramatically. Now 28 million tonnes will be maize available, before the stock exchange was assumed by 25 million tons.
A higher estimated income and on the other hand it turned out that the acreage was greater than was previously known. The corn harvest there is now 38% complete. The USDA had estimated the local maize harvest in their latest WASDE report 27 million tonnes.
The estimate of this year's soybean harvest remained at 56 million tons. This crop is in there now to 95%.
