Argentina soybean prices ease as rains fall
date:Feb 17, 2013
tem the losses, the Rosario Exchange said.

Argentina's soybean crop was battered by drought last season, causing production to fall sharply. With the new crop still a month or so from coming to market, stocks are dwindling.

Argentina is the world's top soymeal and soyoil exporter and ranks No. 3 in soybean exports.

Global markets are watching the Argentine crop closely and fretting over recent dry weather, as bumper crops are needed from both Argentina and Brazil this season to rebuild intern
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