Drought to cut Argentine corn 36 pct, soy 10 pct

BUENOS AIRES, March 4 - Lack of rain will cut Argentina's 2008/09 soy output 10 percent from the previous season to 41.7 million tonnes, according to a special report from the Rosario Grains Exchange on Wednesday.

Corn production in the South American country will be down 36 percent in the 2008/09 season to 14 million tonnes, the report said.