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Brazil’s Soybean Outlook Adjusted Due to Weather Issues
Victor Faverin reports hEDGEpoint Global Markets’ updated soybean harvest forecast, influenced by December’s challenging weather in Brazil. The new prediction shows a decrease to 153.4 million tons for the 2023–24 season, down from the initial 160.1 million tons. Pedro Schicchi, hEDGEpoint’s analyst, highlights the vulnerability of soybeans during their critical reproductive stages. Although tough against […]
Bank to delay land auction at West Virginia Gov. Justice’s resort
A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice’s posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor’s family. In a filing Friday in Greenbrier County Circuit Court, Carter Bank & Trust of Martinsville, Virginia, said it […]