No sign yet for a New Peso devaluaion or higher Soy Exchange Rate to move farmers to sell more in Local Mkts
-Soy harvest too slow in key Crop area/wet weather refrains farmers to enter Fields to harvest sowed Soybean
-Water logging in Fields hurting Soy quality:means Lower Protein
-Argntna farmers past 3 weeks Soy selling reported 40% more to previous
-higher crush pushing Meal supplies higher/April Exports seen 16% more to 5yr average to 30 LT