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    WHEAT MARKET IS BEARISH, BUT…

    12 May 2023
    We are now only two months away from the new crop harvest and prices are trading at the season’s low. A depressing situation for farmers who invested when costs were are their peak. Ending stocks are on the rise everywhere, demand is relatively sluggish, economic forecast is poor and The Grain Deal seems to be on track for another 60 days renewal. However, there are still some reasons to believe wheat prices have found a floor and could even rebound…

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