Brazil’s record soybean crop is only about 25 percent harvested but already, analysts say it is set to make a big impact on the export market.
Experts at Grain Cycles say Brazil’s soybean exports are about to pick up steam, and when they do, they are going to accelerate. The South American country has also already sold some of its first corn crop which they usually hold for feed purposes. Analysts say U.S. growers have until mid-July to get our corn out to market.
USDA’s Supply and Demand forecast comes out March 8th with Conab’s Brazil outlook being released the following day.
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Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
