Argentina soybean prices ease as rains fall
date:Feb 17, 2013
Argentine soybean prices fell this week as light showers in Argentina eased dryness fears, dryer weather in Brazil eased harvest-delay fears, and slack export sales in the U.S. pulled down global prices.

Spot soybeans sold for 1,750 Argentine pesos ($350) a ton at the Rosario Grain Exchange Thursday, down from ARS1,843 a week ago. Soy for May delivery sold for $320 per ton, down from $334 a week ago.

Despite the weakness, tight spot-soy supplies and solid demand from local crushers helped to s
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