Record Argentine soy crop to pump exports despite hoarding

Record Argentine soy crop to pump exports despite hoarding

Wednesday, 26 March 2014 | 10:00

Argentina will put downward pressure on world food prices by exporting more soy this year, even as growers hedge against the country's dysfunctional financial system by hoarding a bigger chunk of what is expected to be a record high crop.
The biggest harvest ever seen on the Pampas farm belt started last week, setting the stage for increased exports from the world's No. 3 soybean supplier. The size of the expected crop increase will at the same time allow growers to stockpile a larger percentage of the crop than last year.
Farmers are hanging onto their soybeans to use as a unit of savings preferable to Argentina's anemic peso, which has

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Billionaire Ross Says Shipping Demand to Catch Supply Next Year

 

Photographer: Simon Dawson/Bloomberg

“We first invested in shipping about two years ago knowing it was a volatile industry,... Read More

“We first invested in shipping about two years ago knowing it was a volatile industry, but it has proven to be even more volatile than we had anticipated,” billionaire investor Wilbur Ross said. Close

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Photographer: Simon Dawson/Bloomberg

“We first invested in shipping about two years ago knowing it was a volatile industry, but it has proven to be even more volatile than we had anticipated,” billionaire investor Wilbur Ross said.

 

Expanding trade will catch up with the glut of merchant vessels in the first half of next year as accelerating growth in developing economies makes up for

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CRUCEROS.- Cinco cruceros traerán hoy a Málaga más de 10.000 turistas

Cinco cruceros traerán hoy a Málaga más de 10.000 turistas

El buque Ventura, de la naviera P&O, moverá casi 5.000 pasajeros en una operativa pionera

miguel ferrary 26.03.2014 | 05:00

El presidente de la Autoridad Portuaria, Paulino Plata, mantuvo ayer una reunión con el presidente de la Diputación Provincial, Elías Bendodo, para aunar esfuerzos en la captación y promoción de inversiones en la ciudad.La Opinión
 

Los cruceros serán hoy protagonistas en Málaga, con la coincidencia de cinco buques en el puerto y unos 10.000 turistas por el Centro, con un gasto generado que se estima en 750.000 euros en apenas una jornada.

Pero estas cifras hablan sólo de lo más

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UPDATE 4-Alliance of top three shipping lines could start in mid-2014 - Maersk

 

Fri Mar 21, 2014 1:17pm EDT

* "P3" alliance between Maersk, MSC and CMA CGM

* Tie-up wins approval from U.S. regulators

* Critics fear it could dominate key shipping routes

* Alliance needs green light from Europe, China regulators (Adds comments, background)

By Ole Mikkelsen

COPENHAGEN, March 21 (Reuters) - An alliance of the world's top three container shipping firms which could control more than a third of the market is likely to start operating in mid-2014, No.1 player Maersk Line said after the tie-up was approved by U.S. regulators.

The industry has been battling overcapacity since the financial crisis because new vessels ordered before the downturn have flooded the market. This has driven rates on the main route between Asia and

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