January 30, 2020 / 6:13 PM / a month ago

Argentina's 2019/20 soybean harvest forecast at 53.1 mln tonnes - grains exchange

BUENOS AIRES, Jan 30 (Reuters) - Argentina’s soybean harvest for the 2019/20 season has been forecast at 53.1 million tonnes, the Buenos Aires grains exchange said in a statement on Thursday.

The forecast is above the 51 million tonnes estimated in October, but below the previous harvest of 55.1 million tonnes. Argentina is a major soy exporter and the world’s top seller of the processed beans. (Reporting by Maximilian Heath; Writing by Adam Jourdan)

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