Let's check the latest news of the market with Agritel

May 26, 2023

Let's check the latest news of the market with Agritel

Oilseed complex

With the global economic environment still fragile, the lack of firmness for crude oil and the decline in vegetable oils are fuelling the bearish trend on all the oilseed complex’s markets. This bearish spiral is fuelling itself with supply expected to be comfortable over the next few months for soya, rapeseed, and sunflower. Yet the harvests are still a long way off and crop development throughout the world may still have some surprises in store. Even though the trend is still bearish on the oilseed markets, the weather market period is still a source of volatility that must be monitored.

Cereals complex

Pending greater stability from the US economic situation, the commodity markets are caught between significant supply in the short term, and weather and geopolitical risks in the long term. The global economic slowdown is therefore putting the cereal balance sheets under pressure, with demand struggling to rally in the main importers, including Asia. The focus is now on the next harvest and the highly uncertain weather, which has already started to harm winter-wheat yields, as is the case in the USA.

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