Tag: soybean farmers

• Thursday, April 4th 2019 - 09:46 UTC

  Argentine soybean farmers sign delayed-price contracts hoping for a US/China trade deal and higher prices

  

  Soybean growers in Argentina are playing a waiting game, wagering on better prices ahead as the U.S. and China inch toward a trade deal and as nation’s currency keeps depreciating. Farmers on the Pampas arable belt have signed delayed-price contracts for almost three quarters of the 12.2 million metric tons they’ve sold to crushers and exporters so far, according to government data. That compares with 60% at the same stage last year.