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    MARKETS IN PANIC MODE!

    23 Mar 2023
    This is not fiction, it is real: OSR prices lost €600 and wheat €200 during the last 10 months. It is the strongest and fastest price fall in market history. The 2022 price peak was unpredictable and certainly exaggerated when Russia invaded Ukraine. The bearish trend that followed was very predictable but probably also exaggerated. Optimism has given way to complacency.  Markets gave up this week, for both good and bad reasons…

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