Argentine wheat safe for now from late winter frost
Between now and then, Argentina faces a wheat shortage that has prompted the government to adopt price controls to try to keep bread on consumers' tables ahead of October's mid-term congressional election.
Export limits meant to ensure ample domestic food supplies backfired this year as the government approved too much wheat for export based on optimistic early season crop estimates.
Interest in the upcoming crop is intense, as very little wheat remains in Argentina to be milled into flour for bread.
Voters, concerned about double digit inflation and other effects of President Cristina Fernandez's unorthodox economic policies, gave her a drubbing in this month's mid-term primary. Candidates sponsored by the 60-year-old two-term president got only 26 percent of the vote nationwide.
- Critics of Dow herbicide sue U.S. EPA over approval
- Survey shows big data use increasing
- Partnership to collaborate on bio-stimulants
- DuPont Pioneer celebrates production expansion in Ontario
- No-till may not bring hoped-for boost in global crop yields
- Crop markets moved mostly higher again Thursday night
- How much corn can the ethanol industry use?
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- Ag markets made a generally mixed showing Thursday night
- What is the relationship between maturity group, yield?
- Commentary: Ambulance-chaser lawyers take on Syngenta