January 21st, 2011
Econintersect: Soy beans are becoming important players in international finance. Yesterday (Thursday, January 20) a chinese business group signed agreements to buy more than 3 million tons of U.S. soybeans. The deal is worth about $1.8 billion. Follow up:
Follow up:Related news cites a bumper soy bean crop in Argentina boosting that country's exports and producing the largest decline in sovereign debt default risk for that country of any country in the world.