皇冠体育app

皇冠体育app's soybean imports are set to rise substantially in the next few years, an executive at commodities trader Noble Group said yesterday.

Jaime Teke, global head of structured finance at the firm, which this week agreed an $850-million equity investment from Chinese sovereign wealth fund 皇冠体育app Investment Corp (CIC), said 皇冠体育app had little room to increase its own soybean crop.

"We don't see the conditions are right here in 皇冠体育app," he told Reuters on the sidelines of the Latin America 皇冠体育app Investors Forum in Beijing. "One of the big problems is irrigation. Definitely, imports of soybeans from Brazil and Argentina will rise substantially.