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SW Iowa | Not for me, but short term looks ominous to me with the new gov in Argentina promising big economic changes.
"He also wants to scrap currency controls and make it much easier for Argentines to change their local pesos into U.S. dollars, a move that would require the country's central bank to increase its currency reserves."
http://www.usatoday.com/story/news/2015/11/23/argentina-presidentia...
this would signal an end to the farmer holding soybeans as an inflation hedge, rather than selling and holding pesos which are a loser. But, converting soybeans to dollars especially with the dollar going up--well, seems to me the thing for the Argentine farmer to do. But what do I know???
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$ 7.90 Cash beans
