1.0Bernstein Bankhttps://bernstein-bank.com/en/Bernstein Bank GmbHhttps://bernstein-bank.com/en/author/tobiasreuber/The power of interest rates | Bernstein Bankrich600338<blockquote class="wp-embedded-content" data-secret="QamPLGWn0L"><a href="https://bernstein-bank.com/en/the-power-of-interest-rates/">The power of interest rates</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://bernstein-bank.com/en/the-power-of-interest-rates/embed/#?secret=QamPLGWn0L" width="600" height="338" title="“The power of interest rates” — Bernstein Bank" data-secret="QamPLGWn0L" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://bernstein-bank.com/wp-content/uploads/2023/06/markus-spiske-XrIfY_4cK1w-unsplash-scaled.jpg25601706The price of corn has been running upwards again recently. The biggest drought in 30 years is jeopardizing the hitherto good harvest prospects in the USA. The U.S. Department of Agriculture (USDA) had actually forecast a record harvest of 15.3 billion bushels for this year. In recent years, many farmers have switched to varieties that tolerate drought better. Whether they will survive the current heat, however, is questionable. Now the market is looking hard at Brazil.