Soybean rallies on Argentina’s drought


Lower projection: Soybean plants are harvested at a field in the city of Chacabuco. The US Department of Agriculture on Feb 8 cut its outlook for Argentina’s soybean crop to 54 million tonnes from 56 million projected in January. — Reuters

Hot weather pushes most-active futures of soy meal up 19%

BUENOS AIRES: To understand why soybean meal is the best-performing commodity so far this year, talk to Ariel Striglio, a 52-year-old farmer in Argentina’s Santa Fe province.

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Business , Soybean , Argentina

   

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