Brazil Executive Order Pushes Soybean, Corn Prices Higher

An executive order by Brazil President Luiz Inacio Lula da Silva will limit the ability of the country’s commodity exporters to take advantage of tax credits, thereby hurting their bottom lines. In turn, this is pushing soybean and corn prices higher. “A surprising tax change in agriculture powerhouse Brazil has the potential to make soy [...] The post Brazil Executive Order Pushes Soybean, Corn Prices Higher appeared first on ETF Trends .