Rains have caused $50 mn losses to Bolivia’s soybean sector

Fidel Flores, president of the Association of Oilseed and Wheat Producers (Anapo), reported that his sector has registered an economic loss of $50 million. In January there was 600 millimetres of rainfall, when soybeans only need 400 millimetres of water for their entire development. As a result, some 60,000 hectares of soybeans, maize and sorghum have been lost or affected.