AgriMoney – The hot and dry weather in Brazil, concerns over which fuelled the biggest bullish turn by hedge funds on agricultural commodities in 18 months, may be poised to end, although not before delivering further elevated temperatures.
Centre-east Brazil, beset since December by temperatures which have set a series of records, and suffering rainfall 50% or less of normal levels, will receive rains from February 15-20, consultancy Somar said.
