Argentine Farmers Remain Slow Sellers of Soybeans

Posted on 03/09/2017 10:24 AM
Argentine farmers are estimated to have anywhere from 6 MMT to 12 MMT of stored soybeans yet to price. South American Crop Consultant Dr. Michael Cordonnier says one of the reasons being put forth by farmers is they feel their peso will continue to devaluate, providing them a better opportunity down the road. "If the peso is truly f...