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Brazil's soybean planting expansion over recent years has made the country nearly 60% of global soybean exports, up from about 40% a decade ago. A price slump has made soybeans less attractive to Brazilian producers, but a record crop and further global supply build-up appear likely.
Record Brazilian supply keeps global soybean stocks heavy, which caps prices and keeps soybean meal competitively priced for feed buyers.
Not 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.