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    MARKETS AT A TRIGGER POINT?

    14 Mar 2024
    Nothing has changed fundamentally. This season’s market fundamentals have been bearish with large supplies combined with sluggish consumption in a food inflationary context. However, prices cannot fall, indefinitely, below farmer’s cost of production without impacting world supplies. Prices are therefore rebounding on key support levels for good reasons: risks are ahead of us as we are entering the key season for future world supplies.

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