For the benefit of wheat growers or the State? Judging by the reaction of Argentinian wheat farmers they are not convinced, nor should they be and of course all this does is encourages OECD investors to pull funds out of a significant soybean, corn and wheat producing area. End result, no credit, no grain ...
The 2009 harvest is highly likely to be a shocker globally because the drought we didn't need was that pertaining to credit. Any farmers going for extended credit around these parts are getting knocked back. And this is a safe production area in a very robust economy (or so the pollies would have us believe ...).
