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Poor harvest conditions and pandemic-related disruptions for labor are set to have a significant impact on soybean supply chains and geopolitics in the coming months. USDA data indicates that just 60% of the emerging U.S. soybean crop is of good-to-excellent quality. That may cast doubt on del... Read more →
Brazil’s soybean exports have collapsed during the off-peak season. A shortage of stocks contributing to a surge in global soybean prices. While the recovery in China’s hog herd has driven the growth in global demand this year, imports to China dropped by 21.1% in December after seven months o... Read more →
The Brazilian soybean planting season is 90% complete as of Dec. 3 according to S&P Global Platts after a later-than-usual start. On top of late planting and a La Niña weather system, Brazil’s exporters face competition in the Chinese market from U.S. sales that form part of the phase 1 trade ... Read more →
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