• Corn is more expensive than sugar for the first time in five years, despite China’s strong imports.
  • In Europe, sugar beet returns remain unable to compete with wheat.
  • Soybean remains more favourable than corn for US farmers, even with the ongoing rally.

Price Action

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Supply

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WASDE Projections 

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Weather in Main Corn Growing Regions

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Brazil Balance

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China

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Demand

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EU

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