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Grains better bet than soft commodities, Macquarie

Posted on 18 January 2013

Grains represent agriculture investors’ better bet for most of 2013, but it is soft commodities, in particular cotton and sugar, which will end the year on the up, Macquarie said.
The bank, in a major crop report, rated corn as its “favourite in the short-term” in agricultural commodities, forecasting a return in prices to an average of $8.50 a bushel in the April-to-June quarter, well above the level that futures are pricing in………………………………………..Full Article: Source


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