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Soyoil, palm extend rally. Wheat joins in too
date:Dec 08, 2015
d 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 the forecast for Argentine soybeans this season.
The report said

12/22 00:12