Thursday, August 21, 2008

MARKET UPDATE

MARKET UPDATE 21 AUGUST

SOYA PRODUCTION IN BRAZIL IS LIKELY TO STAGNATE

EARLY IN 2009 DUE PARTLY TO GOVERNMENT ACTION

AGAINST PLANTING IN ILLEGAL AREAS .

BUT IT SAID SOYA PRODUCTION IN ARGENTINA WOULD

REACH RECORD LEVELS IN EARLY 2009 AS SOYABEANS

BENEFIT FROM MUCH LOWER THAN EXPECTED PLANTINGS

OF WHEAT AND CORN.

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