News Details

Soybean futures closing in on $12/bu target. La Nina is increasing dryness in South America at a time when the global balance sheet is tightening.

(Nov 17, 2020)
South Brazil & Argentina are most affected in La Nina years. $12 beans was last seen in June 2016 (briefly)
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.