Oil World: Third-quarter soybean exports could sink

07/23/2013 | Bloomberg

Global soybean exports could drop in the third quarter if Argentinian farmers slow exports in protest of a 32% export tax and low exchange rate for the peso. Oil World's prediction for July-September shipments may drop by 500,000 to 1 million metric tons, this article says. "The major swing factor is Argentina, as shipments in June fell short of expectations," Oil World said.

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