NEWS
South Amercia Calling
Tue Jul 1, 2014 11:15 AM CDT

Argentine farmers are stuck at the horns of a dilemma.

News of a record U.S. soybean crop, underlined by the latest USDA crop report, is weighing on prices and the wide spread between old- and new-crop futures indicates that farmers should sell.

On the other hand, the possibility of a maxi devaluation of the peso offers the promise of substantial future gains for farmers who continue to store soybeans. Holding beans also provides protection should the local economy descend into crisis.

According to the latest Argentine government figures, farmers are holding for the moment. As of July 18, they had ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
(none currently available)