A severe drought and export caps are limiting Argentine farmers’ ability to take advantage of spiking wheat and soy prices that have risen due to a spiraling conflict in Ukraine, raising fears over supply from the major European grains producer. U.S. wheat and corn futures rose by their daily trading limits on Thursday, while soybeans …
The post Argentina farmers may miss out on grains rally stoked by Ukraine crisis first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John