Speakers: Tracey Allen, Head of Agricultural Research

Agri commodity markets have been in short covering mode since early August after investors established an historic short seasonal position. Prices are now entering a period of strongly positive seasonality, while the fundamental outlook is trending increasingly constructive. Weather risks persist, and dry conditions are shaving yield potential off US crops, reducing European wheat production, threatening Brazil’s sugar output and raising concern for South American soybean planting delays. Meanwhile geopolitical premium is back on the table...just as the FAO Food Price Index had started to stabilize.

This podcast was recorded on 13 Sept. 2024

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Global Commodities: Agricultural Markets Update – set for a seasonal recovery ahead

At Any Rate

Global Commodities: Agricultural Markets Update – set for a seasonal recovery ahead