Consultant Shifts Brazil Bean Crop Basis to 'Neutral'

Posted on 03/09/2017 10:25 AM
South American Crop Consultant Dr. Michael Cordonnier left his peg of the Brazilian soybean crop unchanged this week at 97 MMT, but has shifted his bias from "neutral to lower" to "neutral" after rains last week "stabilized" the later-planted and later-maturing soybeans. However, he said rains last week were too late for the early matu...