Equity Analysis /
Thailand

Thailand: Agro&Food-Good rainfall in South America in Nov despite La Niña threat

  • Rainfall in South America despite the peak of La Niña in 4Q21

  • Heavy rainfall in central Brazil but lower in Argentina through 1Q22

  • USDA’s Nov report—neutral on a small drop in global SB stocks

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
30 November 2021