date:Dec 08, 2015
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A lower peso, if that is the forex market response, would make Argentinean soybeans more competitive, CBAs Mr Gorey said.
The market might not take kindly to this in early trading today.
All the more so if a depreciation speeds Argentinean farmers placing more of their swollen inventories onto the market.
Should get more concerned
However, the market received some reassurance from a report from US Department of Agriculture staff in Buenos Aires which introduced only a modest increase in t