Two of the world’s top agricultural traders said crop markets are in a “mini-supercycle” that could last half a decade, driven by increased demand for biofuels and continued grains buying from China.
“Yes we are in a supercycle,” Alex Sanfeliu, group leader of Cargill Inc.’s world trading group, told the FT Commodities Global Summit. “Let’s call it a mini-supercycle.”
