Can Brazil’s Soybean Farmers Overcome Planting Challenges? | Presented by CME Group
October 22, 2024
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1:03Now PlayingCan Brazil’s Soybean Farmers Overcome Planting Challenges? | Presented by CME Group
YouTube Description
as posted by the channelAfter a precarious start to planting, Brazil’s annual soybean crop may be on track for a trendline yield. Farmers are playing catchup after receiving only half the rainfall forecast for the past 60 days, while planting pace has lagged at 50% of the historical average. Given that Brazil typically accounts for 40% of annual global soybean production, should investors be factoring in a weather premium? Presented by @cmegroup
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