By SIMON CONSTABLE
Recent unseasonably dry weather in South America, and worries that the lack of moisture will continue, could propel soybean prices more than 40% higher in the first quarter of 2021.
“South America is a little too dry and uncomfortably dry,” says Sal Gilbertie, founder and CEO of commodity exchange-traded fund company Teucrium Trading. Read more here.
Soybeans
Dalgial, CC BY-SA 3.0, via Wikimedia Commons
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