Iran War Creates Winners and Losers in Brazil Agriculture

2026-03-23 - 10:50

Key Points — Soybeans rose 6.7% in February on the Chicago Board of Trade and climbed further in March as the Iran war pushed oil above $100, boosting biofuel demand — Beef, poultry, and pork producers face margin pressure as slaughter volumes rise but exports to the Middle East are disrupted by the Strait of