Commodities 2023: Soybean derivatives supply under pressure as Argentina, Brazil face headwinds
January 4, 2023 Comments Off
Weather vagaries that have hit soybean crop planting in Argentina, the world’s biggest exporter of soybean meal and oil, and the No. 2 supplier Brazil gearing up to raise its biodiesel blending mandate could squeeze global soybean derivatives supply in 2023, soybean oil and meal traders said. Argentina and Brazil make up more than half of the world’s soybean oil…
Commodities 2023: Soybean derivatives supply under pressure as Argentina, Brazil face headwinds
Weather vagaries that have hit soybean crop planting in Argentina, the world’s biggest exporter of soybean meal and oil, and the No. 2 supplier Brazil gearing up to raise its biodiesel blending mandate could squeeze global soybean derivatives supply in 2023, soybean oil and meal traders said. Argentina and Brazil make up more than half of the world’s soybean oil…
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