News Snapshot:
Global grain prices saw an unprecedented price rally during 2020 as the world grappled with the coronavirus pandemic, which gave rise to challenges and fears never seen before. Amid the widespread uncertainty and crumbling economies, demand for all major commodities fell due to drawn-out lockdowns. But the global agriculture sector has been on a different trajectory to other commodities, and after an initial setback saw demand soar, partially on pandemic-led fears, but mostly on China’s grain hunt. Driven by these factors, the grains price trend is likely to continue through the rest of the year. However, some uncertainty remains as...
