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Commodities 2023: Inflation, competition for supplies to influence Asian corn fundamentals

January 6, 2023 Comments Off

Asian feed corn buyers enter 2023 following high market volatility and record high prices in 2022, with demand in the new year seen facing some resistance as Asia grapples with inflation and sluggish economic growth. The global grains industry suffered from a fallout of the Russia-Ukraine war in 2022 as it was recovering from the pandemic. Platts, part of S&P…