Insight Blog

The essential perspective on global commodities
29 Jul 2021

Deja vu for Brazilian soybean and corn farmers amid historic drought

It was only last year that Brazilian farmers endured a severe six-month long drought, leading to delays in planting soybeans and sowing the second corn crop. In 2021 too, Brazil—the world’s major soybean and corn supplier—is facing one of its most severe droughts for 90 years, according to the US Department of Agriculture, threatening a repeat of the disruption to the growing and harvesting seasons

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26 Jul 2021

Commodity Tracker: 4 charts to watch this week

S&P Global Platts editors keep an eye on global oil demand recovery against the backdrop of growing concerns over the rise infections involving the Delta variant of COVID-19. Also on the radar this week are the challenges faced by CCUS projects, La Nina's potential impact on agriculture, as well as China's oil product exports. 1

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23 Jul 2021

China’s grain auction and meat production patterns point to rising imports 

China’s grain demand has been a focal point for agriculture markets since 2020 and suppliers continue to look for clarity, especially on corn for which global supplies are expected to tighten further and in light of recent announcements by Beijing all of which point towards jitters around food security. Forecasting China's grain demand is a challenge due to opacity of information on crop conditions, production, consumption, and stock levels

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