Market analysts expect volatility to continue
Market analysts are telling farmers to expect volatility throughout the summer.
Arlan Suderman of StoneX says commodities are traded in a “money-rich” environment backed by federal stimuli. “Much more money than we usually see. Position limits made by CME Group on March 15 have been expanded to 60-80 percent higher position limits than when they were dependent on merchandise. Yes, we expect significant price volatility in both directions throughout this growth period, “he says.
In the short term, Brownfield tells the market that it depends on Brazil’s safrina corn yield, China’s demand, and the weather in the United States. Extended outlook to show timely rain. ”
Suderman said that if the drought situation worsens, it will be the main focus of the market.
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