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    VERY NERVOUS MARKETS, UNCERTAINTY PREVAILS. US 🇺🇸 PRODUCTION AT RISK.

    10 Jun 2021
    World prices recovered from the recent consolidation on US forecast of warm and dry weather. Conditions that led to speedy planting progress continue and are now resulting in below-average crop ratings. 

    Markets are very nervous as world demand could not afford any production incident in the US. Stocks are already as low as they can be and declining Brazilian production, the 2nd world exporter, has reinforced the need for a critical and fast world resupply. So, what next for prices?

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