Record soybean and wheat crops forecasted by the International Grains Council

Monday, September 29th 2014 - 09:09 UTC

Full article 10 comments

The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops, according to the International Grains Council's September Grain Market Report. Read full article

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chronic
Record production = lower prices.
Sep 29th, 2014 - 12:33 pm - Link - Report abuse 0
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yankeeboy
I think Argentina is going to regret their farming isn't more diversified.
You can't make everything out of SOY
Sep 29th, 2014 - 12:39 pm - Link - Report abuse 0
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Z-ville
@2

In the 1950's, under Nikita Chrushchev, the Soviets attempted to grow corn on a large scale as a cash crop to try and improve living standards. It was a failure, of course, but it was impressive what uses they tried to find for corn while they were still pushing it.

Maybe the Whacky Leadership is trying to smoke it...?
Sep 29th, 2014 - 01:59 pm - Link - Report abuse 0
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redp0ll
At current prices and the tax I dont think many Argentine farmers will be planting soya as a first crop this year.
Sep 29th, 2014 - 06:11 pm - Link - Report abuse 0
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yankeeboy
4. Even if they wanted to they can't get loans and from what I hear there are no parts for tractors or tires in the country.
Sep 29th, 2014 - 06:34 pm - Link - Report abuse 0
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Chicureo
Yankee Boy,
New year they'll have new Chinese tractors to plant the crops.
Don't worry....
Sep 29th, 2014 - 06:56 pm - Link - Report abuse 0
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yankeeboy
6. Not if they're still in default they won't
Plus China is having some little problems of their own.
I've long said if the civil unrest reached the West Coast watch out.
Sep 29th, 2014 - 07:01 pm - Link - Report abuse 0
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Z-ville
In related news, the soybean and wheat shorts on the commodities markets dove to 10-year lows today.

Maybe they can grow tomatoes...?
Sep 29th, 2014 - 09:25 pm - Link - Report abuse 0
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Doggy Rap
@ 8 Z-ville:

“Maybe they can grow tomatoes...?”

- or grow obese :-D
Sep 30th, 2014 - 05:25 am - Link - Report abuse 0
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Captain Poppy
#9 You are too new to now of last year tomato shortage. Tobbi the tranny troll was defending the shortage.......
Sep 30th, 2014 - 04:41 pm - Link - Report abuse 0
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