Unstoppable soy: scores the sixth consecutive rise and exceeds $600 again

Unstoppable soy: scores the sixth consecutive rise and exceeds 0 again

For his part, the corn falls off 0.1% and is positioned at $241.73 the ton, due to high temperatures and lack of rain in the US. And in the same direction, the wheat recedes 0.9% and operates at $294.59 ton.

A soybean above US $ 600 per ton it can even drive the decision of Argentine producers to execute more sales. This scenario is also presented when the special regime established by the Government to accelerate the commercialization of the oilseed is already underway, through which it projects that an additional US$2.5 billion will enter in August.

In addition, the better condition of wheat is good news for the Argentine economy, which expects that between December and the first two months of next year, the crop will contribute more than US$4.5 billion in foreign currency to the economy and a total of more than US$6,000 million if the sorghum harvest is also added.

Source: Ambito

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