Argentina expecting bumper crop of corn

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articlenopic By Columbiatribune.com

BUENOS AIRES, Argentina — Corn farmers in Argentina, the world’s second-largest exporter, might produce 9.1 percent more than forecast this season because of “ideal” weather conditions, the country’s corn and sorghum trade group said Tuesday.

South America’s second-biggest economy could produce a record 30 million metric tons of corn in the 2011-12 season, said Martin Fraguio, executive director of the trade group Maizar.

The U.S. Department of Agriculture and Argentina’s Agriculture Ministry forecast output of 27.5... Read Full Article

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