Gain Industry Insights to Support Your Agribusiness​

Grain and Oilseed Markets

Globally, grain and oilseed prices are on a downward trend due to a strong supply response to high prices combined with softer demand from key importing countries such as China. Since December 2023, we have seen local price trends diverging from global trajectories due to weather-related issues. We consider how the current weather dynamics are likely to affect yield producers over the coming months.

Opening stock levels over time – Current stock levels are still above average.

El Niño conditions have resulted in yields being negatively affected for the summer grain and oilseed season. Above-average carry-over stocks, combined with the projected crop size still outstripping total use, are likely to keep further rapid price increases, through the course of the season, at bay.

Plan for the Future with Insights by Agri-Industry Experts to learn more download the 2024 Autumn Edition report