Weather extremes in commodity powerhouse Brazil are reverberating through global markets, pushing up prices for everything from soybeans to metals. Dryness and heat in the nation’s south have caused crop losses, clipping what was supposed to be record oilseed production in the world’s largest grower. Meanwhile, the northern half of…
(Bloomberg) Weather extremes in commodity powerhouse Brazil are reverberating through global markets, pushing up prices for everything from soybeans to metals.