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bullish
Harvesting Gains
SUMMARY
- In the past several years, the agricultural market has been subject to escalating uncertainty, catalyzed by a triad of disruptive forces, including a global pandemic, the geopolitical uncertainty exemplified by the ongoing war in Ukraine, and unpredictable climatic events leading to droughts and diminished yields.
- These factors have injected volatility into the market, causing prices to move unpredictably due to periods of shortages and excess supply.
- Despite the volatility, however, prices remain on a long-term upward trajectory.
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