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    HOW FAR CAN PRICES CLIMB… BEFORE THEY (PROBABLY) FALL?

    25 Nov 2021
    Many are considering the current situation as unprecedented. Not only do we have a milling wheat shortage, but we are also facing a very unstable world with COVID-19, La Nina and geopolitics adding uncertainty to international production and trade. In this context, exporters are willing to limit their supplies, importers are looking to secure their stocks. This is the case for wheat, it is also the case for fertilizers. Is it a short-term situation or are we entering a new inflationary cycle?

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