Global financial conditions will be a drag on grain markets until H2 2023. Interest rates will remain high as long as inflation averages above 2.0% and employment levels refrain from deteriorating too much. For the first half of 2023, we will be in a high interest rate low growth environment, and it will not be until the second half of 2023, before we start seeing substantive changes to global financial conditions.
⠀
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Title
Recent post
- October USDA Wasde Analysis
Analysis of the USDA's October WASDE report. Corn Soybeans Wheat - Weekly Oilseed Outlook
Highlights: • Rapeseed - Vegoils help OSR return near top of trading range • Soybeans - Tumble in Chinese futures adds to price pressure • Crop Watch - Australian dryness. Rains slow French corn harvest
