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Unrelenting Drought Means More Suffering for Argentine Soy

  • Crop is at risk of falling to lowest since at least 2009
  • Late-planted sowings are now in their critical growth phase
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Photographer: Diego Giudice/Bloomberg

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It was already looking bad for Argentina’s drought-stricken farmers. Now, it could get even worse, with the nation’s soybean crop at risk of plunging to its lowest in nine years.

Unrelenting dryness has parched fields across the Pampas, the nation’s main growing region. Crop prognosticators have been cutting their production forecasts all season, and the lingering drought means the estimates are likely to go even lower.