(Bloomberg) – Soybean plantings will drop to the lowest level in 15 years in Argentina, the largest exporter of processed soybean meal for livestock feed and cooking oil and biofuels, as corn cultivation increases. Farmers in the South American nation have been preferring corn lately because it has a wider planting window that mitigates the dry conditions caused by climate change. The trend hit a turning point for the 2022 harvest; the Buenos Aires Cereal Exchange projected a larger corn crop than soybeans at the beginning of the season for the first time in two decades of records.
Nota Original:Climate Change Drives Farmers in Top Soy Exporter to Corn: Chart
(Corrects headline to indicate that inclination is towards corn)
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