date:May 10, 2016
on is getting bit tighter, said Kanab Gook at brokerage Okamoto Shoji in Tokyo. This supply-side weakening of a key competitor coupled with robust demand on the part of the key consumer is giving U.S. suppliers reason to hope that business will be good, Commerzbank said in a note.
But grain traders remained cautious ahead of the U.S. Department of Agricultures monthly world report due on Tuesday that will feature its first supply and demand forecasts for 2016/17.
In Brazil, farmers are taking