After months of rises, falling demand and abundant supply are now holding back prices. Weather variables and energy costs to be assessed for the future After months of high tension and skyrocketing prices, the recent evolution of the relationship between uses (decreasing) and availability (increasing) is orienting the oilseed market towards a stagnation of prices that they give way.
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After months of rises, falling demand and abundant supply are now holding back prices. For the future to evaluate the weather variables and energy costs After months of strong tension and skyrocketing prices, the recent evolution of the relationship between uses (decreasing) and availability (increasing) is orienting the oilseed market towards a stagnation of prices which are losing ground. The volatility of the stock markets and that of the price of hydrocarbons play an even greater influence on the landscape, with oil rapidly falling due to the approach of the recession. Looking at the trend in soybeans, the outlook is once again "bullish" (or tense) given the significant downward correction of production estimates in the US and an equally unexpected drop in inventories; the only easing factors remain the Asian demand (China), all to be verified in light of the pandemic upsurge, the pressure of the Argentine supply, where a tariff revision facilitates exports, and the climatic ...
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