Argentina crop -- what do you say, agmr?
Just saw a report that some ag officials in Argentina say the corn crop there has been affected very little by drought, and that it will be about the same size as the crop there last year.
"Argentina's 2012 corn output will likely total 21.5 million-22 million metric tons, little changed from 2011, a senior Buenos Aires-based trading executive said Tuesday."
So, is this realistic? agmr, I know you're close to the situation there -- is this outlook reasonable?