
Argentine yields of soy were affected by drought and labor disputes in that country are making farmers and grain traders jittery. Drought caused widespread economic dislocation in Paraguay, which was also hit by cattle disease.
Analysts said drought-related developments in Brazil had led to lower yield estimates, slicing about 2.8 million tons off an original estimate of 67.1 million tons for this year's harvest. The revised estimates are subject to further review, said the analysts.
Soy oil has gained importance in the energy market as a feedstock for the booming international biofuels sector....
Biodiesel from soy, shot by Leandro Maranghetti Lourenço, Wikimedia Commons, under the Creative Commons Attribution-Share Alike 3.0 Unported license
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