News list for "Brazil floods"

Soybean meal continues to rise sharply, how long can the impact of floods in Brazil last?

Golden Ten Futures, May 6, the main contract of soybean meal ran strongly in the night, rising more than 2%. New Lake Futures said that flooding in the southern region of Brazil, the top soybean exporter, affected the unharvested soybean crop. After torrential rains flooded farmland, the outlook for soybean harvests in Rio Grande do Sul is deteriorating. There are still about a quarter of soybeans that have not been harvested. Market participants estimate that 70% to 80% of soybeans in the harde...

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2024-05-06 22:21:32