Are we near the bottom? — This week in the grain markets

by

Opinion

Grain markets mostly ended lower again this week as the concerns about the coronavirus and grain demand continue amidst some volatile trading on the broader equity markets. This said volatility though tends to indicate a bottom is nearby. Countries around the world continue to provide economic stimulus as a way to mitigate the financial impact of the coronavirus, including the U.S. putting up $8B, Taiwan coming up with $2B, and the IMF providing $50B. Italy is injecting about $4B USD and, in an effort to slow the spread, citizens around the world are being told to say home, highlighted by…

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