NEWS
Argentina Crop Outlook - 3
Alastair Stewart South America Correspondent
Wed Feb 13, 2013 04:42 PM CST

BUENOS AIRES, Argentina (DTN) -- It's only two months until Argentina's soybean harvest, but business remains slow on trading desks.

It has been like this for the last few months for the simple reason that farmers aren't committing to sell soybeans.

With Argentina's economy slipping ever deeper into crisis, producers don't want to give up the one asset they know will maintain value.

"Everybody is selling the minimum number of soybeans possible, just to cover bills ... Soy is like gold bars, a safe haven," said Roland Graham, a farm consultant in General Villegas, some 300 miles west of Buenos ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Argentine Farmers Plant Defensively