The Supply Squeeze in Grain Markets May Linger Into 2021
The soybeans harvest in Wyanet, Illinois, in September.
Photographer: Daniel Acker/BloombergThe supply crunch in the global grain markets could linger past this year.
Agricultural markets have roared back in recent months from a first-half plunge, bolstered by strong demand from China and smaller-than-expected harvests that are winding down in some key producers, Soren Schroder, the former CEO of trader and processor Bunge, told the Global Grain Geneva conference this week.