Global grains production outlook gives hints about the price direction for SA
For the past two years, much of the price movements we witnessed in SA’s grains and oilseeds markets were primarily driven by global agricultural events.
More specifically, the drought in South America, China's strong demand for grains and oilseeds, drought in parts of palm oil growing regions of Asia, and recently the Russia-Ukraine war, were the major drivers of the increase in global grains and oilseeds prices...
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