Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Dryness in South America Has Grain Markets on Edge
Posted
December 20, 2021
Views
1,412
Likes
23
Comments
1
Engagement
1.70%
December 20, 2021
1,412
23
1
1.70%
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0:59Now PlayingDryness in parts of Brazil and Argentina is a growing concern among grain traders. Most of Brazil has seen a big recovery from a recent drought, with rains eliminating moisture deficits in many key corn and soybean growing areas. But Argentina and areas in southern Brazil have not been as fortunate. Given that South America is a huge player in global corn and soybean production, traders are monitoring the situation very closely. Presented by @cmegroup
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