date:Dec 27, 2012
crop sizes, particularly in the flooded Argentine areas, the researcher said.
Rainfall in parts of Argentina in the first three weeks of December was three to four times normal, causing additional flooding and damaging winter wheat as well as recently planted summer crops, including corn and soybeans, Oil World wrote.
More and more local observers warn that soybean production could turn out at or below 50 million tons in early 2013, Oil World wrote.