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    WEATHER! WEATHER! WEATHER! GRAIN MARKETS ARE TIGHTENING AND COULD TIGHTEN MORE…

    16 May 2024
    It has been an amazing spring for markets so far, and it is probably not the end of the story yet. Some weather risks did materialise into production losses (Russia, Argentina), some are still ongoing (US, Western EU & UK, Brazil, Australia). This, in a context of reduced areas as crop profitability was very low at time of planting. Supplies are shrinking, and prices are rising. Let's review the situation...

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