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No Room in the Bin as Brazil Soy Farmers Grapple With Glut (2).

Authors :
Freitas, Tatiana
Source :
Bloomberg.com; 7/5/2017, pN.PAG-N.PAG, 1p
Publication Year :
2017

Abstract

Local prices to growers are down 28 percent from a year earlier, so farmers are stashing soybeans anywhere they can rather than sell, which is creating a storage crunch at grain bins just as Brazil's record corn crop arrives. Corn prices probably will drop further because farmers prefer selling it and holding soy, Debastiani said at a crop tour last month. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140792077