Argentina will lose more than USD 7,000 million due to the lower soy harvest

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Further, Brazil will produce about 118 million tons this year , more than the US, a country that will displace as the world’s largest producer, and very close to the 119 million record of the previous campaign. Because it is in the southern hemisphere, Argentina shares the productive and commercial cycle with the neighboring country -inverse to that of the USA-: the decline of local soybeans went to Widely covered in the market by Brazil , that did not suffer from drought.

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