Jun 8, 2020
While the supply side is not without concerns, demand has been dropping due to Covid-19. For now, harvests are going ahead more or less normally in top producer Brazil and also in Colombia. We expect global demand to drop by 0.8% YOY, the first drop in global coffee demand since 1995. The precariousness of demand in...
Jun 4, 2020
Brent Crude recovered over 30% so far in May, pushing vegetable oil prices higher. Soy and corn remained subdued in the midst of an abundance of US stocks, good weather, and rapidly progressing US plantings. In particular for soybeans, the pace of Brazilian shipments continues to surprise, with the volumes of US...