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    SELL OR NOT SELL?

    24 Aug 2023
    The bearish trend was initiated a year ago. A year of war, inflation, economic slowdown and sluggish demand, leading to new trade routes and over-supplied regional markets. Harvest is still ongoing in Europe and should start, soon, in the US and Canada. Then, the key and very promising South American planting season will probably take place in wet El Nino conditions. In a very dynamic and unpredictable geopolitical context, markets are looking for a new direction. Is it time to sell or to hold?

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