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WHEAT MARKET??
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haymaker
Posted 1/29/2008 21:06 (#296385 - in reply to #295950)
Subject: on the other hand


NE Colorado
Just read that Brazil took off its duty on wheat imports from non-Mercosur (Brazil, Argentina, Paraguay, Uruguay) countries for 1 million tons of wheat, apparently they think Argentine wheat might be priced too high because of Argentina's punitive retenciones (export taxes imposed on the export of farm goods, it reduces the prices Argie farmers get.)

Still, if the Brazilians buy a little less Argie wheat, it will be available for other countries to buy.


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