Argentine Corn Growers Urge End of Export Cap to Boost Crop 60%
This article is for subscribers only.
Corn producers in Argentina are urging the government to lift a cap on exports and pledging to boost output by as much as 60 percent should the government free them to tap rising foreign demand for the grain.
Growers will produce as much as 31 million metric tons of corn in the 2012-2013 season if a 15 million-ton cap on exports is lifted, said the Argentine Association of Regional Consortia for Agricultural Experimentation. Production in the current 2011-2012 crop year is estimated at 19.3 million tons, the Buenos Aires Cereals Exchange said on July 15.