Click Here To Read The Article "Will Actions Of CFTC And Argentina Make Soybeans More Or Less Bullish?"


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]