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Buxton ND | Southern Argentina foreign currency reserves are the lowest they have been in 7 years,THEY NEED MONEY to pay bills putting it in a nut shell. Soybeans EXPORTS are a great way to them to rise dollars !!!!!! Them dropping there soybeans export tax for a few months would do JUST THAT and put a lot of bean into the world market in a hurry...... IF we have a day coming up where beans crash .30-.40,,,,,,,,,,,,,"rumors" would point toward Argentine dropping there export tax...........Then add in the inversion on the board also.................
YEP your right we import Canadian beans all the time,but that's not the beans I'm talking about and dont forget meal !!!!!
Edited by Sat 1/27/2014 23:00
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Inspections
