Brazil soybean production remains on a record track.
Analyst Arlan Suderman with StoneX tells Brownfield only 10 to 15 percent of the crop has suffered from some level of stress.
“That’s typical even in the Midwest in a typical year to see some areas under stress. Other areas are seeing really good yield potential, so right now we’re looking for a big crop.”
He expects the world’s top soy supplier to produce up to 155 million metric tons.
