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Rosario grain exchange raises Argentina’s corn crop forecast

RIO DE JANEIRO, BRAZIL - Argentina's 2020/21 corn production will reach 50 million tons, up from 48.5 million tons previously forecast, due to a larger planting area and good yields in Cordoba province, the Rosario grain exchange said in a report Wednesday night.

Its soybean crop forecast remained unchanged at 45 million tons.

Cordoba province "will have a record crop. This will be fundamental to sustain the national production of corn since it will contribute 42% of the total volume," the exchange said.

Unlike other agricultural provinces, such as Buenos Aires and Santa Fe, Cordoba has not suffered . . .

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