Why Commodity Traders Should Watch the Weather in Brazil
Date: 2020-11-10 22:10:56
Brazilian growers are on a roll as the country leads the world in soybean production and is third in producing corn. That’s great for China, which currently imports most of its grain from the U.S., but could switch if the price is right. The X-factor: if a recent spate of dry weather in Brazil persists, it could upend their progress. Insights via @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Connect with us on…
Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews