Drought Forces Argentina to Cut Its Soybean Production Estimates

Climate in Argentina will continue to play a pivotal role in what soybean prices will do for the rest of 2023, and a drought could push prices even higher amid elevated inflation. It presents a perfect opportunity to hedge rate increases despite the notion that central banks will slowly loosen monetary policy. “Argentina’s Rosario grains [...] The post Drought Forces Argentina to Cut Its Soybean Production Estimates appeared first on ETF Trends .