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G&O Market Update July 2020
Manage episode 407129324 series 3558065
Sisällön tarjoaa RaboResearch Agri Commodities and Rabobank RaboResearch Food. RaboResearch Agri Commodities and Rabobank RaboResearch Food tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
In this G&O market update we cover the main drivers leading price moves across Corn, Soybean and Wheat markets. The weather has begun to show a greater influence on G&O markets in recent weeks as corn and spring wheat crops move through key development stages. At the time of writing, CBOT Corn prices have eased after an initial rally following lower than expected US stocks and planted acreage and misplaced expectations of threatening weather in the Midwest. Meanwhile, CBOT Wheat prices have rallied as Russian winter wheat yields come in lower-than-expected and hot weather in the forecast is putting spring wheat crops at risk. CBOT Soybeans has mostly followed corn in recent weeks but as soybeans begin their key development stages, weather and Chinese export demand will be key.
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