After a precarious begin to planting, Brazil’s annual soybean crop could also be on observe for a trendline yield. Farmers are enjoying catchup after receiving solely half the rainfall forecast for the previous 60 days, whereas planting tempo has lagged at 50% of the historic common. On condition that Brazil sometimes accounts for 40% of annual world soybean manufacturing, ought to traders be factoring in a climate premium? Offered by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
