According to Argentina Buenos Aires cereals exchange published weekly report, as of August 20, the national corn harvest has completed 93.2%, compared with 91.1% a week ago to move forward by 2.1%, but 1% lower than a year earlier harvest schedule.

So far, the Argentine farmers have corn crop area of 3058759 hectares, has corn crop yield is 24655946 tons. Yield an average of 8.06 t/ha and lower than last week's 8.07 t/ha.

Exchanges continue to forecast this week Argentina 2014/15 maize yield is 26 million tons, 27 million tons 3.7% less than 2013/14.

In contrast, the United States department of agriculture in the supply and demand in August 2015 report estimated that Argentina 2014/15 maize yield is 25 million tons, and last month forecast flat, less than 2013/14 of 26.5 million tons (estimates for 26 million tons last month).

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