date:Jun 30, 2014
res Grains Exchange, which said on Thursday that growers had collected 95 percent of the harvest so far.
Over the next two months, Argentine growers will sell beans to raise cash needed to pay off the loans that financed planting. Once the bank loans are paid, however, growers will have even more reason pile up grain reserves on the farm.
After late August, Argentine farmers will hold onto 23.25 million tonnes of soy, with a market value of $12 billion. Under normal circumstances, which is to