I agree with you that current weather conditions will likely create a deficit, but it will be in 21/22 as you said.
In the meantime we have a big surplus for 20/21.
So if there is a demand bull market in 21/22, I think itís going to take a very long time to materialize... when do you think it would happen? Personally I believe could be as late at Sep/Oct 21.
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