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The 10-year benchmark G-sec yield remained little changed at 7.06% on Wednesday. It has inched up from a 13-month low of 6.96% on May 16 but still remains about 40 basis points lower than a nearly four-month high on February 27.
Food producers around the world. we just seem to be suffering all kinds of various supply setbacks. whether it was argentina with its drought or very dry weather in the us and canadian wheat growing areas, brazilian trouts, all the big grain producing countries, for some reason or other ended up with below average crops —— brazilian trouts. the supply side is already very tight. on top of that, we had very strong rising energy prices and crude oil prices, which meant the cost of shipping all that stuff was becoming very expensive. finally, we saw a situation where post—covid mac, demand ...