Wednesday, December 23, 2020

Barron's: Bad Weather Could Hurt Soybean Crops. That Will Help Lift Prices

 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

DalgialCC BY-SA 3.0, via Wikimedia Commons




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