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    LOW STOCKS + US WEATHER = PRICE ROLLER COASTER!

    07 Jul 2021
    Limit up last week. Limit down this week. Corn prices have lost all the gains ($40/t) made last week amid disappointing US stock and acreage reports.
    We expected the weather market to quickly take the lead on the report. However, again, we can only be very surprised by the intensity of the price moves. Markets are clearly very nervous as we are now fully entering the critical flowering season for both US corn and soybean.

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