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
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Farming on the Mother Road - 5 Chris Clayton has been continuing his trip looking at the state of agriculture along historic Rou...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
Argentine Farmers Play It Safe