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Montevideo, November 22nd 2024 - 05:33 UTC

 

 

Brazil and Argentina crop problems raise demand for US supplies

Tuesday, June 14th 2016 - 08:32 UTC
Full article 2 comments

Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast. Read full article

Comments

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  • Marti Llazo

    And now Argentina is importing .... wheat.

    Jun 14th, 2016 - 01:50 pm - Link - Report abuse 0
  • RICO

    Hmmm someone doesn't know the difference between and increase in demand and a contraction of supply.

    Jun 16th, 2016 - 11:53 pm - Link - Report abuse 0

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