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
Related News Stories
Argentina Crop Outlook - 2
Rains Arrive Over Argentine Corn, Soy C
Argentine Corn Acres Drop
Soy Exports Drive Argentina
Argentines Back Biotech
Argentina Crop Outlook - 4
Argentina Crop Outlook - 2
Argentina Crop Outlook - 1