Argentina to delay corn export permits until April

Country studying crop damage caused by drought

Argentina will delay issuing more corn export permits until April 19 while it studies crop damage caused by drought, according to Agriculture Minister Norberto Yauhar.

An allocation of 7.5 million metric tons has already been granted, of a total 21 to 22-million-metric-ton total harvest expected. Argentina is expected to need 8 million metric tons of the corn crop for domestic use, said Yauhar.