Mike McGlone
Mike McGlone|Jun 16, 2025 10:58
A Top Ag Pressure Factor - Lots of Brazilian Supply - Superabundance is a good thing for consumers, but a headwind for grain prices, which remain in a low-price-cure cycle from the 2022 highs. My graphic shows a top force pressuring agriculture prices -- massive soybean supply and exports from Brazil. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxy1e8dwrgg1 {BI COMD} #commodities #corn #soybeans #wheat #agriculture @BBGIntelligence
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