Market Talks: The jump in Brazil’s soybean imports amid the grain’s bumper crop
Increased soybean demand in Brazil during the Covid-19 pandemic has boosted the country’s imports, despite Brazil achieving its highest ever soybean crop this year, narrowing the country’s trade balance in this commodity. What’s behind this trend and which markets could benefit in the short-to-medium term?
In this week's episode of Market Talks, Argus’ Brazil Bureau Chief, Camila Dias, and Agriculture and Fertilizer Reporter, Jose Roberto Gomes, analyze the changes in Brazil’s soybean trade balance.
