RIO DE JANEIRO, BRAZIL - Drought in the coming months in Argentina, due to a repeat of the La Niña weather phenomenon, threatens the new 2021/22 soybean and corn seasons that suffered from the effects of the event last season, analysts said.
Argentina is the world's leading exporter of soybean oil and meal and the third-largest exporter of corn. However, Argentine fields will likely suffer from a lack of rainfall for the second year in a row due to the impact of the weather phenomenon.
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