Weekly Grains Outlook

Bulls vs Bears30/03/26

Bullish factors

Bearish factors

Robust US export data
Energy markets
Geopolitical unrest may stoke importer restocking
Weather tests for Black Sea, US wheat, Argentine corn
Rising fertiliser prices lift production costs

Comfortable major exporter wheat stocks
Robust export supplies
Potential end to Iran war, and support from energy markets
Middle East unrest threatens major importing region
Corn market pressure from Argentine harvest

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