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5X5 - 3. MARKETS
5X5 – 3. MARKETS
• 1 – AM Markets: Grains Rise as Benign Weather Idea Loses Polish
"Will a poor month for grain futures end on a weak note?
Month-ends have a reputation for bringing softer prices as funds close positions, a factor seen as fuelling the volatile behaviour of prices in the last session.
Richard Feltes at RJ O’Brien clocked “fear that the last trading day of July may trigger stepped-up fund…
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5X5 - 1. NEWS
5X5 – 1. NEWS
• 1 – Agrimoney.com | Brazil’s $60bn Ag Support Plan ‘not As Generous As It Looks’ "Brazil’s annual farm support programme, which saw a 20% lift to $60bn in funding, may not be as generous as it first appears, influential analyst Michael Cordonnier said, citing raised borrowing costs.
Brazil on Tuesday unveiled a hike to R$187.7bn ($60bn) in its so-called “harvest plan” for 2015–16, up from…
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