Hope has withered for any recovery in Argentine soy yields hit by a four-month drought that shows no signs of abating, farmers and analysts said on Monday, prompting China to step in to fill the gap in soymeal exports from the world's No. 1 supplier.
A severe drought afflicting South Africa's Western Cape province is expected to cut agricultural output by 20 percent this year, decimating the wheat crop and reducing apple, grape and pear exports to Europe, officials said on Thursday.
