How US election will affect grain prices
Denys Marchuk
Deputy Chairman of the All-Ukrainian Agrarian Council
The impact of the presidential elections on the American stock markets is felt on all stock exchanges and commodity markets, including grain and oil markets. Let's consider the current trends and forecasts for barley and rapeseed — two of the key Ukrainian export crops.
There has been a decrease in liquidity for two weeks in a row: many traders are closing their positions, waiting for the results of the vote. It also slows down the physical market and affects prices. It is expected that such a trend will be felt during the next two weeks. Therefore, market participants take a wait-and-see position.
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