Our market story, “a bearish market with explosive mines” has never been closer to reality. The market considers there are enough supplies within a context of sluggish demand. This is true if trade and war can indeed work together. This will also be true if US & Canada actually produce record crops as the USDA expects. Weather and geopolitics in those two parts of the world will be crucial. Prices will continue to follow these rapidly evolutive situations until we gain more certainty...
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