AS HARVEST IS ABOUT TO REALLY START, PRICES MAINLY RELY ON THE BLACK SEA CORRIDOR…
30 Jun 2022
European grain and oilseed prices have lost, in only the last 2 weeks, nearly two third of the post-war price increase. A massive drop triggered by the increasing hope that a Black Sea corridor will soon be in place. However this is not the only factor. The global macro context as well as the much more favourable weather conditions in June have also contributed to this massive price drop. So where are we heading now?
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