02 December 06:47 AM
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The IGC has recently published a soybean production report. The figures outpaced the forecast by 3 million metric tons, thereby reaching 285 mmt. At the same time, the consumption figures were 3 mmt higher as well (282 mmt).
Now when financial instability is dominating the world and gold is down to $1210 per pounce form its all-time high ($1918 per ounce), Forex analysts are still arguing over currency exchange rates for EUR, USD, RUR, CNY, GBP, JPY and other major currencies in 2014. While households are struggling to secure their savings and preserve their jobs, more and more investors are getting risk-averse in an effort to save their investment capital form uncertainty and volatility dominating today's financial markets. They are looking for safe-have assets to survive the hard times we are seeing these days.