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.
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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]
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- Weekly Grain Outlook
Report Highlights: • Wheat - Prices gain, as supply outlook tightens a notch • Corn - EU, export price signals challenge supply complacency • Crop Condition & Weather - Australian and Canadian dryness - April Global Grain Outlook
GGO provides a longer term, opinion based outlook for grains and oilseeds markets, complimenting our regular insights, S&D and price forecasts -Grain Price Forecasts (US, EU, UK) -Grain and Oilseeds Analysis -Global Balance Sheets -Prices
