World soy supplier Argentina needs wider rains

Posted by Reuters: Hugh Bronstein on February 3rd, 2012
Reuters: Farm analysts living in Argentina's capital city went to sleep on Thursday soothed by the welcome sound of rainstorms, but the showers failed to relieve many of the country's drought-hit soy fields. While the streets and wide avenues of Buenos Aires were deluged late Thursday, causing traffic jams and a breakdown in train service, some key soy producing areas remained dry after months of below-average precipitation. Argentina supplies nearly half the world's soymeal, used for animal feed, and......

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