Supply Chain Research

Brazil’s soybean exports have collapsed during the off-peak season. A shortage of stocks contributing to a surge in global soybean prices. While the recovery in China’s hog herd has driven the growth in global demand this year, imports to China dropped by 21.1% in December after seven months of growth, potentially taking some pressure off. Brazil’s exports had already started to decline in late 2020 with a 50.8% slide in the three months to Nov. 30 including the lowest level of exports for a single month since 2016 in the month of November. Archer Daniels Midland’s (ADM) exports dropped ...