Governmental officer of Argentina said last week that Argentina would provide loan allowance for corn planting to enhance corn yield in EI Nino and cope with the expectation that corn yield may be decreased by 20%.

Argentina is the third largest country for producing soybean in the globe, which is just behind America and Brazil. Soybean yield in Argentina has created the highest level in the history for two years in succession. Soybean yield of Argentina has reached 61,400,000 tons in 2014 and 2015, which has created a record.