End-of-summer crop global trade prospects

Since the beginning of 2023, the grain and oilseed market has changed significantly, the entire food chain was characterized by continuously falling price levels, decreasing demand, and low consumption. Of course, parallel to this, the prices of the world's main raw materials also decreased to a large extent, for example, crude oil, the price of which decreased compared to the "war peak", but we can also cite the price movement of natural gas as an example, which also halved compared to January 2023. January-February was characterized mostly by uncertainty. Although it was already felt that the market had priced out the war risks and the trends had turned. There was a sufficient supply of grain and oilseeds on the market, but the war was still going on and the spring so-called weather market was still ahead of us in the Northern Hemisphere. In addition, in the south, the ruined Argentine harvest mainly supported the price level of soybeans and corn (only 34 million tons of corn ...