Argy Soybean Crop Now Seen At 34MMT
The Buenos Aires Grain Exchange last night slashed its Argy soybean crop estimate to 34 MMT, from 36.2 MMT last week, and now fully 5 MMT lower than the USDA's most recent estimate.
The Argy Agricultural Secretariat crucially still hasn't issued a current estimate, having pulled it's March figure within hours of its release last month.
The crop is 66% harvested according to them, curious that they can put a figure on harvest completion but not crop size.
The Argy Agricultural Secretariat crucially still hasn't issued a current estimate, having pulled it's March figure within hours of its release last month.
The crop is 66% harvested according to them, curious that they can put a figure on harvest completion but not crop size.