Palm | Kelapa Sawit

BUENOS AIRES, Jan 13 (Reuters) - Argentina's 2011/12 corn output is seen at 21.4 million tonnes, down sharply from the 26 million tonnes estimated last month due to dry weather, the Rosario grains exchange said on Friday.

The exchange raised its outlook for 2011/12 wheat to 13.7 million tonnes from 12.8 million tonnes previously, and held its 2011/12 soy forecast at 49.5 million tonnes.