(Agrimoney) Analysts concur with hedge funds that wheat prices may be in for a long spell of weakness, but are more upbeat on prospects for cocoa and soybean futures, and more pessimistic on cotton values. Banks, including Australia & New Zealand Bank, Danske Bank and Societe Generale, monitored by FocusEconomics month on month nudged higher by $0.03 a bushel, on a consensus basis, their forecast for average Chicago wheat futures prices in the October-to-December quarter.
Banks and Hedge Funds Aligned on Poor Prospects For Wheat Prices
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