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Argentine soy, corn planting seen boosted by rains

Tue, 10/09/2012 - 11:25am
Reuters

BUENOS AIRES (Reuters) - Corn and soy planting in the eastern Argentine province of Entre Rios will be helped by light rains this week while the country's key farm area to the south starts getting the sunshine needed to recover from recent flooding, a forecaster said on Tuesday.

The wet start to Argentina's spring planting season has raised hopes for big harvests after dry crop weather in the United States, Russia and Australia sapped food stocks and squeezed global grains prices higher.

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