Jul. 28 at 6:53 AM
Are soybean futures the ultimate climate hedge?
Nov contracts hit ~
$12.50 on Midwest heat, then sold off hard on rain forecasts. Crude oil and biodiesel mandates amplify every weather swing. US-China deals and Brazil competition set the geopolitical tone.
CRISPR drought traits and crush margins for
$ADM $BG decide winners. Pharma even needs soy lipids for drug delivery.
Volatility is structural.
$ADM $BG
#Soybeans #AgFutures #ClimateHedge #Biofuels #AgTech