date:Jun 30, 2014
Argentine farmers say they will stockpile soybeans in the second half of the year if the government is unable to cut a deal with debt investors to stave off a new sovereign default, and the increased hoarding will likely push world food prices higher.
Many producers are already holding soy back from the market as a hedge against high inflation and say they will be even more cautious as negotiations between the government and holdout bond investors go down to the wire.
The holdouts want full re