Podcasts: Agri Commodities Outlook 2021: Bull Waves Don’t Break

In this two-part podcast, we discuss our outlook for 2021 in G&O and soft commodities, based on our recent report "Outlook 2021: Bull Waves Don’t Break". The 2020 bull run in agri commodities defied all expectations and proved immune to Covid-19’s economic and social consequences. This is particularly true for grains and oilseeds. The engines driving this rally are expected to continue into 2021: weather, speculators, and good import demand. However, when it comes to softs, we see prices still suffering from good production and precarious demand.