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Reuters: Unrelenting sun in Argentina has scorched as much as a fifth of its corn crop and the drought will start biting into the country's vast soy harvest unless rains come to the rescue this month or next.
Benchmark Chicago corn and soybean prices have both rallied more than 10 percent in the past three weeks as a hot, dry southern hemisphere summer has roasted grain fields across Argentina's legendary Pampas farm and cattle region.
Argentina is the world's second-largest corn exporter and third-largest......
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Analysis: Clock ticking for rains to save Argentine soy crop
Posted by Reuters: Hugh Bronstein on January 5th, 2012
Posted in Water Conservation