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    FEED CROPS AT SEASON LOWS, QUALITY PREMIUMS AT SEASON HIGHS, BLACK SEA RISKS STILL “ON” …

    17 Aug 2023
    No matter the Black Sea risks, world and domestic demand is finding ample and cheap supplies. As a result, cyclic markets are back to a balance level, reflecting improving stock to use ratio, especially for the feed market. Any price rebound attempt is immediately followed by a price drop. Markets are not ready to price risks anymore, like they did in 2022.  In this bearish but risky context, let’s review here what will be the next price influencers…

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