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ABN Amro expects a higher long-term corn price, citing growth in ethanol demand, which it says grows about 7 percent a year, although the biofuel sector currently has overcapacity and low margins. The bank notes that US approval of higher ethanol blends is expected to lift production.
Expected ethanol-driven demand growth and recent US blending approval support a firmer corn outlook over the longer term, even as near-term prices remain volatile on US-China trade news.
en.boerenbusiness.nlNiels van der Boom19 mar 2019Tras 151 eventos alcista de macro pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (57% al alza; mitad central entre -0,9 % y +1,4 %), y -0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
