Mike McGlone
Mike McGlone|Jun 21, 2025 15:01
Low-Price Cure Trajectory Overhangs the Grains The Bloomberg Agriculture Spot Index has stabilized as the end of 1H approaches, with risks leaning lower toward 2019 levels. Corn and soybeans in 2025 remain above 2024 lows, and touched averages from the year before the pandemic and prior to Russia's invasion of Ukraine, but supply out of South America remains a top overhang. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxy1e8dwx2ps {BI COMD} #corn #soybeans #wheat #agricultue @BBGIntelligence
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