Wednesday, April 15, 2009

Breaking News-RTRS-Oil World cuts Argentina's 2009 soy crop forecast

HAMBURG, April 14 (Reuters) - Argentina's 2009 soybean crop is likely to fall to about 40 million tonnes from 46.7 million tonnes in 2008 but the outlook in Brazil is improving, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
On April 7 Oil World had estimated Argentina's crop this year at 40-41 million tonnes.