Argentine farmers hoard soy as protection against falling peso
date:Apr 25, 2013
another weather rally this season.

Argentina is world's No. 3 exporter of soybeans and government officials, eager to get their hands on soybean export revenue, have told growers to keep soy flowing into export markets.

Cut off from global bond markets since its 2002 default, Argentina needs farm revenue to help finance public spending increases ahead of October legislative elections.

But Argentine grains are moving slower this year. The Rosario grains exchange says farmers sold 26 percent o
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