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    US WEATHER GIVES HOPE TO MARKETS. DOWNSIDE REMAINS LIMITED AS UNCERTAINTY PREVAILS.

    17 Jun 2021
    Our markets remain fully dependent on the US situation. US corn is the price driver for the global grain complex and soya leads the oilseeds complex. All eyes are currently staring at the US and volatility is extreme, illustrating how nervous the market is. Stocks are indeed very low for these two commodities and another crop failure, following Ukraine and Brazil, would take corn markets to an unprecedented tight situation. As such, US production needs to be strong...

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