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Soybeans – record crops in South America

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Soybeans -record crops in South America
News from agricultural markets, be they in North or South America or across the Pacific, is largely bearish, as record soybean crops in Argentina and Brazil are forecast. Teamed with a decrease in Chinese imports and a rising US dollar, all indicate higher stocks for soybeans, with similar scenarios in wheat and corn.


February 2, 2010
By Delta Farm Press

Topics

Jan. 28, 2010 – News from agricultural
markets, be they in North or South America or across the Pacific, is
largely bearish, as record soybean crops in Argentina and Brazil are
forecast. Teamed with a decrease in Chinese imports and a rising US
dollar, all indicate higher stocks for soybeans, with similar scenarios
in wheat and corn.
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