Author: CRM Agri

Graintab > 2023 > March > 16

Global Agricultural Economic Outlook – March 2023

Overall, the global economic backdrop has showed numerous signs of improvement over the past month, supporting the outlook for the demand for agricultural goods. That said, given inflation is still too high in most developed economies, this strong macroeconomic environment allows major central banks some leeway to hike interest rates further this year, which is a headwind for agricultural demand ahead and capping price movements higher. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe