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    Will Geopolitics Or Trade Deals Boost Current Bearish Market?

    10 Jul 2025
    Our markets are fundamentally bearish for one simple reason: top exporters’ stocks should be significantly higher this season. Harvest pressure is now ongoing as winter crop production is already moving to ports where demand remains slow. With current low prices, farmer retention is however strong as we are all expecting higher prices to sell. Could it come from trade deals or geopolitics again?

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