Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Soybean Prices Are Surging While Corn Crashes
Soybean futures have jumped 1.6 percent in the last five days, hitting $11.32 per bushel, while corn has dropped 1.6 percent to $4.12. The divergence is tied to a massive shift in Chinese buying patterns and a Brazilian supply squeeze. Lucas and Luna break down the specific drivers: China's post-tariff pivot to US soybeans, a weather-driven production downgrade in Brazil's safrinha corn crop, and the impact of higher ethanol blending mandates on corn demand. They also explore what this means for farmers planting decisions ahead of the June 30 USDA acreage report. A focused look at…
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