Argentina's record crops of soybean have caused dismay among corn and sunflower growers who see the government's emphasis on lucrative soybean exports as a potential blow to their agricultural crops, essential to food security.
Last year Argentina earned about $24 billion from soybean exports, which are now seen by many growers as a good money spinner when compared with conventional crops such as corn.
The farmers' protests are having little effect on soybean enthusiasts, who were drawn to this year's forecasts of a record bumper crop likely to exceed 50 million tons -- 5 million tons more than last year. The soybean is now commonly called "green gold" -- a reference to its high earning potential.
The Rosario Chamber of Commerce said the soybean crop yield was likely to reach the record level despite a chronic drought and disincentives such as unpopular government export taxes.
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