Current excessively dry weather conditions in Argentina could delay the start of the 2023/24 corn planting season as most areas report low soil moisture, according to the Buenos Aires Grain Exchange.
At the same time, the El Niño weather event is expected to bring the necessary rainfall for late sowing crops.
The total sown area under corn in Argentina is expected to reach 7.3 million hectares, up 3% from the previous MY.