Forex-News
08-01-2010, 10:46
Click Here To Read The Article "Will Actions Of CFTC And Argentina Make Soybeans More Or Less Bullish?" (http://feedproxy.google.com/~r/forexforumsfeed/~3/cHhnllw1OCU/)
Fundamentals
Soybeans were higher Friday morning, after Argentina’s senate approved a bill that would give the President authority to impose an export tax on grains. This has the market fearing that this could curb exports of Soybeans by farmers. Protests against a similar resolution last year had an adverse effect on exports and forced importers to buy Beans from the US. Farmers may also hold-out for higher prices, further tightening exports from the world’s third largest exporter. … [visit site to read more (http://www.dailymarkets.com/options/2009/08/23/will-actions-of-cftc-and-argentina-make-soybeans-more-or-less-bullish/)]
http://feeds.feedburner.com/~r/GraceCheng/~4/cHhnllw1OCU
Fundamentals
Soybeans were higher Friday morning, after Argentina’s senate approved a bill that would give the President authority to impose an export tax on grains. This has the market fearing that this could curb exports of Soybeans by farmers. Protests against a similar resolution last year had an adverse effect on exports and forced importers to buy Beans from the US. Farmers may also hold-out for higher prices, further tightening exports from the world’s third largest exporter. … [visit site to read more (http://www.dailymarkets.com/options/2009/08/23/will-actions-of-cftc-and-argentina-make-soybeans-more-or-less-bullish/)]
http://feeds.feedburner.com/~r/GraceCheng/~4/cHhnllw1OCU