BUENOS AIRES, Argentina (DTN) -- Will Argentine farmers dump soybean stocks?
It's a new question that has exercised the minds of the soybean market over the last two years.
In 2013-14 and 2014-15, farmers retained around 20% of the crop, past planting of the next crop, in the hope of a devaluation of the Argentine peso and as a hedge against economic instability.
That restricted the flow of Argentina's large crop onto the market. The flipside is a change in Argentine economic policy can cause 8 million metric tons of beans to reappear on the market.
"Retaining soybeans is one ...