Following Russia’s invasion, market concerns from a feed grain perspective are twofold, old crop markets will continue to require imports of corn, and looking ahead to 2022/23, Ukraine production outlooks are at risk. Corn planting in Ukraine begin in May, meaning at this stage it can only be assumed plantings will be sharply reduced, amplifying tight global stocks.
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Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
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- Agricultural Economic Outlook – October 2024
• Trump victory initially weighs on grain markets • US dollar continues to surge • Oil price risk premium provides support - Weekly Oilseed Outlook
Highlights: • Rapeseed - Prices extend rally, but headwinds mount • Soybeans - Strong demand for US soybeans—for now, at least • Crop Watch - Weather helps French, South American sowings
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Daily Grain Markets
- Wheat rises on escalating geo-political tensions November 21, 2024