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| In just now reviewing the newswire, this was released this afternoon and suggests the Argentine old crop bean supply is a little tight.
"Wheat trades took on a unique form Thursday. Buyers required sellers to throw
in 3 tons of soybeans at ARS1060 per ton as a condition for buying wheat. Tight
old-crop soy supplies are spurring demand for the beans from local processors,
said Rosario Grain Exchange Analyst Lorena D'Angelo." | |
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Interesting Note.
