Argentine Soybean Crop Estimates
Based on late-season crop ratings in Argentina, AgResource estimates the Argentine soybean crop at 40.5 MMTs, down 2.6 MMTs from last year, and the smallest harvest since the 2017/18 drought. Harvested area is projected at a 16 year low of 16.3 Mil Ha, the lowest since the 2006/07 harvest. Argentine soybean yields have been quite…