Could El Niño Spark a Global Grain Supply Crunch? | Presented by CME Group

Despite record Brazilian soybean harvests and increased US acreage, global soybean stocks are projected to fall, while corn production is expected to drop by 31 million tons. Could a potentially historic El Niño threaten the next South American crop and tighten global supplies even further? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight