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    DESPITE HIGHER US PRODUCTION FORECAST, PRICES REBOUND AMID TIGHT FUNDAMENTALS, STRONG INTERNATIONAL DEMAND AND ONGOING DRY CONDITIONS IN BRAZIL & ARGENTINA.

    16 Sep 2021
    After having touched multiple year highs in August, global commodity prices had been consolidating during the past 2 weeks. The main reason for this relative price weakness was that traders were anticipating the possibility of our markets entering a restocking season. Indeed they still hope for a higher US corn crop and for South American production to be seen at record level. They were proven to be wrong…

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