Many of the relatively new factors that can affect market cycles are the result of economic and market globalization and integration.Every freely traded market has factors, actual and potential, that can drive its prices up or down. This is certainly true of grain and soy markets and, indeed, all agricultural markets. In fact, we can argue that contemporary grain and soy markets usually face a wider and more diverse set of potential price drivers than do markets for other commodities and financial instruments. We say this acknowledging that followers of markets for energy, currencies, interest rates, equities, metals and government debt might wish to debate our conclusion.Grain and soy markets have been on a multi-year bull run that began i...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Australia, Asia, North America