Argentine debt battle could pressure world food prices higher
date:Jun 30, 2014
payment on bonds that Argentina defaulted on in 2002 and they have won a string of victories in U.S. courts that put the country on the brink of a new default.

Considering what's going on with Argentina's debt, we are holding onto what we've harvested this year, to see what happens, said Carlos Novecourt, who runs a small farm in the town of Carlos Casares, in Buenos Aires province.

The resulting cut in Argentine oilseed supply would put upward pressure on world soybean and soymeal prices at a
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