National Ag News
Mexico may pay high premium to source South American grain
Feb 17, 2017, 15:48 PM
by
System
A market analyst says Mexico’s talk this week to cease US grain purchases in response to rhetoric from the Trump Administration – may be easier said than done. Dale Durcholz with Illinois-based AgriVisor says Mexico will need to consider the costs of imported grain from Brazil and Argentina.
“And then you step back and go, ‘at $4.00 corn, is someone willing to pay at 10 to 12 percent premium?” says Durcholz.
Continue reading Mexico may pay high premium to source South American grain at Brownfield Ag News.
