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An article profiles Glencore Agriculture, which is equally owned by Glencore and two Canadian pension investors, and describes its large grain asset network. It highlights a Rotterdam warehouse holding Argentine crushed soybeans and a crushing plant in Argentina with 11 million tonnes capacity.
This is a company profile with no new supply or demand event, so it has little direct effect on feed prices.
theglobeandmail.comEric RegulyMay 3, 2017Not 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.
