When it comes to the market it is enough to hear of better weather, a firmer dollar and some macroeconomic concerns and some key soft commodity prices decline in what some observers see a change in direction.
If one looks at the fundamentals - beyond suddently improving US weather news - then things don't look very different. Even if corn (and soy) yields improve stock levels will remain tight as demand remains resilient. Let's wait and see how all this pans out..
No comments:
Post a Comment