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April 2020

Originally this week was scheduled as the Easter recess, however, a decision was made to provide an additional selling opportunity for growers on the back of the malware attack earlier. After brokers encouraged clients only to offer if they were genuine sellers, 15.5% of the...

Key Points The USDA released their April world supply and demand estimates report overnight. Although a bearish report, the market largely ignored the data and moved higher. The USDA report was bearish, and normally that would have led to a fall in pricing however we live in...