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CS Agriculture February 2014 |
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Several agricultural markets have experienced a pronounced swing of sentiment in February, with price changes accordingly. Arabica coffee prices have rocketed and wheat and sugar prices have also changed direction and risen again lately. In this report, we discuss the factors leading to these strong price movements and how we estimate the future price trend. For markets moving in calmer waters or where the price trend has been less of a surprise at least, we update our assessment in short paragraphs.