Maize| Feed mills in Asia are holding back corn purchases

December 16, 2015 10:29 AM | Skymet Weather Team

Feed mills in Asia are holding back corn purchases in expectation prices may fall on a rise in exports from top supplier Argentina. Buyers in Malaysia, Vietnam and Indonesia expect prices to fall as Argentina's new government plans to reduce taxes on farm product exports, encouraging farmers to liquidate stockpiles and boost production.

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