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Demand matters too for farm markets in 2012 recap
The column analyzes demand-side risks for farm markets after a year of supply tightness. It notes potential demand recovery if harvests normalize, shifts from soy oil to palm oil in price-sensitive markets, canola oil resilience, China's potential stockpiling as a wildcard, and livestock feed cost damage impacting herd sizes. It concludes demand response will drive price direction even if production returns to normal.
MENTIONED IN THIS ARTICLE
North America
South America
China