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    CRUCIAL JULY!

    29 Jun 2023
    Markets and prices are at a crossroads. All conditions were gathered for lower and “back to normal” prices. The scene was clearly set in the latest USDA reports: grain and oilseed S&Ds were heading for a re-stocking season in 2023/24. However, S&Ds constantly evolve, especially the supply side. Multiple recent weather events and the possible geopolitical impact on Black Sea exports are bringing back uncertainty. The next few weeks will bring answers and thus set new crop price direction.

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