GLOBAL OIL RECAP AND BALANCES | March 16, 2022

March 2022

The table below shows implied stock changes for 1Q22-4Q23 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.254 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2) Exempted 3 countries: maintain February output for the forecast period of March 2022-December 2022. Please find below the link to this month's Global Oil R.....


LCMC AGS WEEKLY NEWSLETTER | March 09, 2022

No33 - Ukraine - Corn

Dear , Please find below the link to our latest report, this week on Global grains. Key points: - In 2010, a study called ‘Overcoming status quo bias in the human brain’ by S. Fleming, C. Thomas and R. Dolan looked at the decision-making of 16 participants taking part in a tennis 'line-judgement' game while their brains were scanned using functional magnetic resonance imaging (fMRI). The participants were asked to look at a tennis ball landing in a court on a computer screen while holding down a.....


LCMC AGS WEEKLY NEWSLETTER | March 01, 2022

No32 - Ukraine - Corn

Dear , Please find below the link to our latest report, this week on Ukraine / Corn ! Key points: -More than 130 years after Nikolai Gogol – born in Velyki Sorochyntsi, a village located in the region of Poltava, at the heart of the Ukrainian Corn Belt – completed his beautiful tale, I arrived to live and work in Mykolaiv, a port city located on a peninsula in Ukraine’s steppe region along the estuary of the Southern Bug River. It is a strategic grain exporting hub, accounting for 28-29% of tota.....


LCMC AGS WEEKLY NEWSLETTER | February 21, 2022

Wheat - 21st Feb22

Dear , Please find below the link to our latest report, this week on Wheat ! Mehdi Chaouky / Erel-Antoine Goren Speak soon. Erel-Antoine Goren +33 (0)1 78 95 92 33 icechat: eagoren1


GLOBAL OIL RECAP AND BALANCES | February 11, 2022

February 2022

The table below shows implied stock changes for 1Q22-4Q23 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.254 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2) Exempted 3 countries: maintain December output for the forecast period of February 2022-December 2023. Please find below the link to this month's Global Oi.....


LCMC AGS WEEKLY NEWSLETTER | February 10, 2022

Corn

Dear , Please find below the link to our latest report, this week on Corn ! Key points: - In his book The Black Swan, N.N. Taleb discusses about the problem of silent evidence, or the human tendency to view historical evidence with a filter that choses only the positive elements that support one’s narrative while ignoring the elements that may contradict such narrative. The author illustrates such concept with the following musing tale: “more than two thousand years ago, the Roman orator … Marcu.....


LCMC AGS WEEKLY NEWSLETTER | February 01, 2022

No29 : Soybeans

Dear , Please find below the link to our latest report, this week on Soybeans ! Key points: - Soybean prices continue to increase on the back of worsening production estimates in South America, strong demand from US crushing facilities which struggle to find sufficient material, expansion of drought conditions in the US High Plains, and skyrocketing vegetable oil prices in the wake of logistical constraints and multi-year high prices in crude oil. - On that topic, it is worth noting palm oil pri.....


GLOBAL OIL RECAP AND BALANCES | January 24, 2022

January 2022

The table below shows implied stock changes for 4Q21-4Q23 based on assumptions of: 1)     OPEC participants’ target crude output under the current agreement, increasing +0.253 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2)     Exempted 3 countries: Iran and Venezuela maintain December output and Libya keeps November 2021 level through the forecast period Please find below .....


LCMC AGS WEEKLY NEWSLETTER | January 24, 2022

No28 : Wheat

Dear , Please find below the link to our latest report, this week on Wheat ! Key points: - Since early January, global equity and bond markets have experienced waves of selling orders as economic agents appear increasingly worried about the prospect of a slowing economy, monetary tightening, increased geopolitical risk and runaway inflation. Consumer price inflation is now reaching a 40-year high in the US, at 7% in December 2021 from a year ago. In Germany, producer prices for industrial produc.....


LCMC AGS WEEKLY NEWSLETTER | January 14, 2022

No27 : Corn

Dear , Please find below the link to our latest report, this week on Corn ! Key points: In his book Beyond Greed and Fear, Dr. Shefrin points out that most people have a poor ‘intuitive understanding of random processes and how to anticipate the future behaviour of these processes.’ In one experiment, he divides his students into two groups. The first one must take a coin, toss it one hundred times and record the sequence of heads and tails. The second group has been asked to imagine that it tos.....