Senior Contributor
Posts: 408
Registered: ‎04-24-2012

Argentina smuggles soybeans into Brazil

Border authorities from Brazil have intercepted 110 tons of illegal soybeans from January to September, according to a Zero Hora newspaper story. The soybeans are coming from Argentina through the border with Rio Grande do Sul state. By comparison, in 2009 just 7.5 tons of the oilseed were intercepted.  Soybean seeds are cheaper in Argentina mostly because the currency (Argentinean peso) is devalued. Sellers are able to get 100 percent profit, according to the report.

Veteran Advisor
Posts: 3,058
Registered: ‎06-26-2012

Re: Argentina smuggles soybeans into Brazil

[ Edited ]

so Brasil is almost out of Corn already, assuming they keep a country reserve, that is---------very interesting!!!!!!!!!!!!