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A farm tour found Mato Grosso soybean fields in excellent condition after timely rains, while southern Brazil is struggling. Expansion into Para is occurring as farmers seek cheaper land.
Strong northern output may partially offset southern losses, limiting upside for soybean and meal prices, though southern weakness could change that balance.
farmprogress.comMatthew KruseDec 8, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
