What would a record soybean crop in Brazil this year do to the global market?
Market participants expect a supply glut in 2022-23 amid record Brazilian soybean output forecast by different agencies. If Brazil can produce a huge volume of the oilseed in the upcoming marketing year, that could have major implications for US soybeans exporters and for Chinese demand.
In this podcast, S&P Global Commodity Insights agriculture experts Asim Anand, Rafael Savoia, Pete Meyer and Emerson Wohlenberg break down the possible impacts to the global market.
Subscribe to Platts Dimensions Pro for access to assessments and premium content covering SOYBEX FOB Santos (SYBBB00), SOYBEX FOB New Orleans (SYBBI00), China Soybean Gross Crush margin (CSGCD00) and much more.