date:Jan 07, 2013
Argentine soy plantingprogressed enough over the last week to catch up with theprevious season's pace as floodwaters receded, Buenos AiresGrains Exchange said on Thursday.
Consumer nations are counting on Argentina and neighboringBrazil to help bring soaring world food prices down to earth byproducing ample soy, corn and wheat crops following poorharvests in fellow breadbaskets Russia and the United States.
In its weekly crop report, the grains exchange kept its soyarea estimate steady at 19.