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    A FEW BULLISH ELEMENTS IN A BEARISH MARKET…

    19 Oct 2023
    There has not been any form of “game changer” this week. Markets remain well supplied and weather is becoming more friendly to S. American crops. However, some positive elements have allowed prices to rebound from recent price lows. This is confirming our view that we are close to a price floor, going forward, there is more probability of a moderate price increase than a strong price drop. 

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