Oilseeds:Markets under pressure as southern hemisphere expects to deliver big crop

摘要

The approach of big southern hemisphere crops is weighing on oilseeds markets around the world.In its March Grain Market Report, the International Grains Council (IGC) said that its GOI soybean sub-Index dropped by 8% in the period since the previous issue a month earlier "as harvesting of expected record South American crops weighed on sentiment.""Additionally, the fall in the sub-Index was accentuated by a switch to new crop values in Argentina," it said.