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Brazil farmers sit on soybeans

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Brazil farmers sit on soybeans

A drop in the price for soybeans has Brazilian farmers in a position to store their crops and wait for the return of higher prices. 


April 13, 2011
By DTN/Progressive Farmer

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April 13, 2011 – A drop in the price for soybeans has Brazilian farmers
in a position to store their crops and wait for the return of higher
prices. Brazilian growers have a record 70 million-tonne soybean crop
on their hands, with many opting to sell part of their harvest, pay
their bills and then store the rest. | READ MORE