BRICS alliance considering starting an inter-bloc exchange

Feeling pressure of strong US dollar, South American harvest

Moderating margins will challenge new, higher cost facilities

Exporters have canceled sales of 504,000 tonnes

US markets mostly stable, though weather remains a concern

Initially will focus on grains, oilseeds and soft commodity derivatives

Fear changes will disincentivize banks from providing certain services

Adds four analysts in Food & Agribusiness group

Commodities experience steep decline in 2023 but could see stronger ‘floor’ in new year

Study shows price volatility is the only certainty