Global Economic Outlook : July
Moderating global economic demand—particularly from China due to its zero Covid-19 mandate—is expected to weigh on purchases of wheat, corn and soybeans, while weaker global growth should see crude prices pullback, leading to potential pressure on the vegetable oil market. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Highlight Article: Ukraine Export Focus
From a UK perspective, corn from Ukraine has become a fixture of UK grain imports. From 2018/19 to 2020/21, grain from Ukraine has represented just under 1Mt of the total season corn imports. With the outlook for imports from Ukraine next season diminished, the trend for increasing corn usage is likely to reverse. With less corn from Ukraine, demand will be pushed toward domestic wheat and barley. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
