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    WHAT COULD STOP THE CURRENT BEARISH TREND?

    25 May 2023
    Farmers are all very concerned by the extend of the current price drop, and many haven’t sold any volumes for the new season. We have gone fast from a tight market to an over-supplied situation. We know that prices are cyclic, we knew there was a risk for prices to drop. But we clearly did not anticipate that prices would be below cost of production before harvest. Let’s review here the current situation and explore the potential for more supportive scenarios...

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