Soybean prices surged as traders keep a keen eye on Argentina’s weather, where persistent dry spells are putting crop yields at serious risk. Meanwhile, Brazil’s harvest is gaining momentum, with fresh crop reports driving market sentiment and sparking investor enthusiasm
Brazil’s soybean exports soared to unprecedented levels in early 2024, solidifying its position as a global agricultural titan. A surge in demand from China, paired with perfect weather conditions, propelled shipments to record-breaking heights-igniting a booming harvest season and boosting the nation’s trade balance like never before
Argentina’s soy crushers are facing mounting challenges as the lasting impacts of the Trump-era trade war continue to ripple through the industry, despite a booming surge in exports. Persistent supply chain disruptions and soaring costs are squeezing profit margins, putting intense pressure on the sector’s financial health
