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soya-beanBUENOS AIRES: Argentina's closing soy prices and trends on Thursday:

* Soy prices closed at 1,815 pesos ($368) per tonne from Wednesday's 1,830 pesos, reflecting losses in the benchmark Chicago futures market, traders said. Trade volume remained thin due to the low prices and dwindling old-crop supplies.

 

* US soybean prices fell for the third consecutive trading session, extending losses after China -- the world's biggest soy importer -- cancelled orders for US soy and on expectations for bumper crops in South America.

 

* Argentine soy planting progressed enough over the last week to catch up with the previous season's pace as floodwaters receded, Buenos Aires Grains Exchange said on Thursday.

 

* In Rosario, soy for delivery in May 2013, which is quoted in US dollars, did not trade for a second day.

 

* In the southern grains port of Bahia Blanca, the oilseed closed at 1,715 pesos per tonne.

 

Center>Copyright Reuters, 2013


 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln