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"Break" in Grain Sales, Waiting for a New Stimulus: How Long Can the Producer Wait?
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By Verónica Sosa – Market Analyst of FyO It was expected that, after the increase of withholdings, we would witness a decrease in sales on the local market, with a greater impact on soy given the “greater” loss in dollars that meant for the oilseed the return of the export duty aliquota (DEX) of 33%, and the volume of 7.5 million tons of soya priced by the producer in June. Given prices that the first week plummeted at U$S 20 per ton, producers …
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