Bloomberg News

Argentina Rain to Relieve Corn, Soybean Crops After Dry Period

February 14, 2012

Feb. 14 (Bloomberg) -- Argentine corn and soybean farmers are expecting rain this week that will relieve crops after months of dry weather, the Buenos Aires Cereals Exchange said.

Parts of the main crop-growing region received rain in the last 24 hours, following five days without precipitation, Maximiliano Zavala, a forecaster at the exchange, said today by telephone. Rain earlier this month restored soil moisture and improved conditions for the crops, he said.

More showers are expected Feb. 16, 17 and 18, according to Zavala.

To contact the reporter on this story: Laura Price in Buenos Aires at lprice3@bloomberg.net

To contact the editor responsible for this story: Robin Saponar at rsaponar@bloomberg.net


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