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Executives from Cargill, Cofco, Viterra and Scoular said agricultural markets for corn, soybeans and wheat should stay strong over the next two to four years. They cited demand from China and biofuels as drivers of a 'mini-supercycle'.
Trader expectations of sustained demand support longer-term feed grain and oilseed prices, though this is forward-looking commentary rather than a new supply shock.
ft.comJun 17, 2021Not enough comparable past events yet for a historical read.
Not 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.
