Rabobank's Tjakra Is Bullish Cocoa, Bearish Palm Oil

The video discusses the factors affecting agricultural commodities, focusing on supply-side influences and the performance of soft commodities like corn, sugar, cocoa, and palm oil. It highlights the impact of China's demand for meat on global prices and inflation, noting that while demand will grow, it won't match the past five years' pace. The consolidation of smaller farms and ample supply will keep prices stable, with inflation remaining controlled in Asia.

What is the primary factor currently affecting the prices of agricultural commodities?

• Increased demand

• Adverse weather conditions

• Currency fluctuations

• Large inventories and supply

Which soft commodity is expected to perform well in the fourth quarter?

• Corn

• Palm oil

• Sugar

• Cocoa

What is the outlook for palm oil prices towards the end of the year?

• Uncertain due to fluctuating weather conditions

• Stable due to balanced supply and demand

• Bearish due to healthy production and slow demand growth

• Bullish due to high demand

How is China's demand for meat expected to change in the near future?

• It will increase at a faster rate than the past five years

• It will remain unchanged

• It will increase but not as rapidly as before

• It will decrease significantly

What is the expected impact of China's meat demand on inflation in Asia?

• Inflation will rise sharply

• Inflation will remain controlled

• Inflation will decrease significantly

• Inflation will be unpredictable