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Brazil imported a record 2.291 million tonnes of Canadian potassium chloride in the first half of 2022, up 71.2% year on year. Russia remained Brazil's largest fertilizer supplier, and Belarus imports fell 16%.
Strong fertilizer stocks ahead of Brazil's September planting point to larger soybean and corn area, which adds supply pressure to feed grains and meal later on.
agweek.comAna Mano, ReutersJul 7, 2022Not enough comparable past events yet for a historical read.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
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.
