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ProAg's Bobby Coats lists 10 factors affecting farm commodity markets during the pandemic. He cites slowing global growth, trade policy uncertainty around the Phase 1 China deal, and weak grain and cotton fundamentals as global production outstrips demand.
Broad bearish fundamentals for grains and cotton with demand destruction from restaurant closures weigh on feed prices, though this is analysis rather than a new event.
proag.comApr 17, 2020Not 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.
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.
