GFM Network News

A Chinese ship being loaded with Brazilian soybeans last year captures three big factors affecting grain markets — China’s buying power, rock-bottom freight rates, and a hugely devaluated Brazilian currency. But that’s just the start of a long list.

Hang on, market turbulence ahead

FarmTech: Currency wars, actual wars, China, ocean freight, Russia, and oil are 
just a few of the things roiling grain markets these days

Reading Time: 4 minutes Tough times are here to stay. This was the message that Errol Anderson delivered to a silent, sombre room during a session at FarmTech. “There is no sense kidding ourselves about what is going on,” said Anderson, a market analyst and president of ProMarket Communications. “What we’re going through right now is a correction. There’s […] Read more