As we review the perishable markets here we would note that theses commodities, despite Bullish conditions, are extremely tethered to the outcome of the US and China trade Deal due coming months. When a trade agreement arrives, we expect the US Dollar to commence a longer term decline as global growth…
Understandably the commodity oriented Brazilian economy has a close connection between its currency and the crops it grows. Sugar, Coffee, Cocoa and to a lesser extent Soybeans and Orange Juice all have some correlation with the Brazilian economy and its currency – the “Real”. When commodities in general peaked in…
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