3 ms·
So... A few points. The first point is that future crops are at risk. It's not necessarily about current production. The second point is that numbers and qual
by dalbasal 5y ago
So... A few points.
The first point is that future crops are at risk. It's not necessarily about current production.
The second point is that numbers and qualifiers like 25% of exports, 1% of crop can degenerate into empty superlatives. Ultimately, skilled analysis is required for useful conclusions. The numbers don't stand for themselves.
The third point is that markets can be very sensitive, and price changes can be big even if underlying changes in supply are small.