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GrainFox webinar analysts expect grain and oilseed prices to fall in 2025, with soybeans heading below US$9 per bushel and corn below US$4. The USDA forecasts Brazil's soybean crop at 169 million tonnes and corn at 127 million tonnes, and the Brazilian real's depreciation favours its exporters.
Large Brazilian supplies and a weaker real would pressure soybean and corn export prices. Sustained rallies would require a serious South American weather problem before mid-January.
ukragroconsult.comNov 28, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
