Lower 2020-21 ending stocks forecast seen set to support Brazilian soybean prices, sales volumes
Brazilian soybean prices and sales are expected to remain elevated in the 2020-21 marketing year (February 2021-January 2022) on the back of a lower ending stock forecast, market sources told S&P Global Platts Jan. 7. The country’s soybean sector is expected to have extremely low ending stocks in 2020-21 of 0.36% of domestic supply, compared ...
Source: hellenicshippingnews.com