))
Momentum
Manage episode 407129296 series 3558065
Content provided by RaboResearch Agri Commodities and Rabobank RaboResearch Food. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by RaboResearch Agri Commodities and Rabobank RaboResearch Food or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
On the latest ACMR podcast, Senior Analyst Michael Magdovitz and Analyst Paul Joules discuss the recent price movements in CBOT Corn, Wheat, and Soybean futures. Tune in to hear about the 2022/23 harvests, the latest WASDE report, funds bouncing back, and overarching demand-side concerns. From a supply standpoint, heavy heat across the US and Europe poses a significant risk to feed grain and oilseed production. For wheat, recent production improvements among exporters are slightly bearish; the USDA’s estimate of an 88m mt Russian crop (+6.5m mt MOM) in particular implies a low-cost producer can deliver near-term relief to the market, though questions remain about the longevity of this surplus.
…
continue reading
87 episodes
Share
