Soybean| Crop-damaging rains in major soy grower Argentina

June 7, 2016 8:26 AM | Skymet Weather Team

Crop-damaging rains in major soy grower Argentina and a drop in potential US plantings began pushing prices higher from early April. Several Asian traders and end-users of soymeal will be forced to pay sharply more for the key animal feed ingredient after being wrong-footed by an almost 40-percent surge in prices in less than a month.

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