The USDA report has reminded the market that the situation should also be very tight in 2021. Soya and corn as market leaders. Wheat a slow follower…
01 Apr 2021
During the entire month of March, prices have been falling on the back of favourable weather conditions all over the globe. Wheat was leading the market weakness as prospects are still very promising for this crop. However we knew and reminded here that corn and oilseeds should keep on playing a major role within the ag. markets story. Yesterday’s USDA report confirmed this. Furthermore and soon, the Brazilian corn safrinha could add some fuel to this very tight stock situation...
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