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Annual Commodity Review 2019

2019 has been a tumultuous year for agricultural commodities as prices gyrated due to a combination of political, environmental, demand and supply related factors. The price volatility has been broad-based, cutting across all agricultural commodity classes with the grains and oilseeds taking the heaviest blows. On a generic level, the synchronized global economic slowdown as occasioned by reducing government and household expenditures and the lingering US-China trade war has contributed significantly to the dip in demand for commodities, thus serving as the background for the swings witnessed in commodity prices.