Lack of rainfall in Argentina is pushing up prices for corn and soybeans

Tuesday, January 11th 2011 - 22:12 UTC

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Corn and soybeans advanced for a second day as dry weather stressed crops in Argentina, raising concerns the global deficit may be larger than estimated. Read full article

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Dry season and strikes a blessing in disguise ??? here is the scoops 20 million metric tones in 2010 from 22MMT in 2009 is a drop of 10% in a year, the price growth is almost up to 50% witch would make this a 40% increase in returns on a 10% lesser amount of produse.
Jan 17th, 2011 - 11:13 am - Link - Report abuse 0
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