Argentina exchange sharply cuts soy, corn harvest forecast

BUENOS AIRES — Argentina’s Rosario Grains exchange sharply cut its forecast for the country’s 2022/23 soybean harvest to 37 million tons, down from a previous forecast of 49 million tons.

The corn harvest for the 2022/23 season is now estimated at around 45 million tons, it added, down from the 55 million tons previously estimated. — Reuters