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    THE QUESTION IS NOT IF, BUT WHEN, PRICES WILL DROP…

    11 Nov 2021
    In theory, prices climb for only 2 reasons: to ration demand (old crop) and to create an incentive for farmers to produce more (new crop). Once markets consider these objectives are achieved, prices fall back to their more “natural” levels. Historically this has always been the case, so it should most likely happen again in 2022. Not taking into account this scenario would be a risk management mistake!

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