Lakefront Blog
Soybean shortage or poor crush capacity allocation?
Is the bean rally really all about a bean shortage? Perhaps more about logistics? Argentina is a massive supplier of soy products to the world market. In 2016/17 Argentina exported 31.32 mmt (production of 33.28mmt) of soymeal to the world market out of a total of 67.18 mmt exported; that’s…
