Posted 1/12/2010 00:05 (#1018235) Subject: Argentina blowing up financially - how will this affect bean prices?
Pittsburg, Kansas
I wonder what affect a currency implosion in Argentina would have on bean prices? Would it affect other SA countries? The market is counting on a record crop from SA. Could turmoil affect exports?
Getting to be a dicey world out there.
John
Venezuela is ahead of Argentina . I don't think they are very important to grains though. Oil they are pretty big so could affect that market.