Brazil, the world’s fourth largest corn producer in 2020, faces drastically reduced exports this season as a result of extended drought followed by frost. Conab, Brazil’s government agricultural agency, estimates a 20% reduction in the size of the 2021 crop. What will be the impact on global corn markets? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
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