date:Jul 09, 2014
uth Americas top four exporting countries in June were 1.1 million tons bigger than last year.
Argentine Inventories
Soybean stockpiles in Argentina, South Americas second- biggest shipper, rose to 40 million tons on 1 July, compared with 32.7 million tons at the same time last year, Oil World said. That left combined South American inventories at 80.2 million tons, up from 74.7 million in 2013.
Despite the ample supplies, we expect Argentine soybean exports to be relatively limited, with shi