# Olam CEO sees farm commodity glut continuing in 2018 - Nikkei Asia

> Olam International CEO Sunny Verghese expects low commodity prices to persist into 2018 as oversupply continues to weigh on farm markets. He says sustainability and climate-change costs are manageable.

- Date: 2017-12-09 · published 2017-12-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67529-olam-ceo-sees-farm-commodity-glut-continuing-in-2018-nikkei-asia
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A forecast of continued oversupply implies soft grain and oilseed prices, which keeps feed input costs low for buyers.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/commodities/olam-ceo-sees-farm-commodity-glut-continuing-in-2018

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.