You are here

Argentina's drought helps US farmers profit from grain reserves

BT_20180306_YPCROPS6_3336371.jpg
A farmer taking stock of soya plants in Chivilcoy, Argentina. US farmers are selling grain that has been held in storage for months to take advantage of prices rallying on Argentina's struggles.

Chivilcoy, Argentina

ARGENTINA's worst drought in decades is shrivelling farmers' fields, sending grain prices soaring and forcing Bunge Ltd and other major crop processors to crush fewer oilseeds into feed that fattens livestock around the world.

The drought in Argentina, the

sentifi.com

Market voices on:

Powered by GET.comGetCom