Emerging Markets Monitor

Weekly coverage of fixed income, FX, interest rates, commodities, equities and funds across emerging markets

Latest Emerging Markets Monitor Analysis

Commodity Price Forecast - Wheat: Downward Revisions To Long-term Price Trajectory - 21 AUG 2017

We have revised our price forecasts lower due to above-expected European production in 2017/18 and now anticipate that prices in 2017 will average around 2016 levels. Beyond 2017, prices will peak in 2018 as global market surpluses decline, before averaging slightly lower in the longer term as market surpluses expand slightly.