Chinese Demand, South American Weather Fuel Soy Rally
date:Dec 12, 2012
The Buenos Aires Grains Exchange said that Argentina's wheat harvest has advanced to 36.2 per cent complete, up 10.5 points from a week ago, and only just behind the 39.5 per cent of a year ago. Their production estimate is at 10.1 MMT, significantly lower than USDA's 11.5 MMT.
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