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  • Receding weather risks stifle grain prices - Updated Mon August 5, 2013

    • The US Corn Belt enjoyed largely favourable weather in July; this is critical for crop development • USDA data shows a strong recovery in US crop prospects after a difficult start to the planting season • We lower our grain price forecasts on ac...

  • Agriculture – The USDA’s double-edged sword - Updated Mon July 1, 2013

    • The USDA releases a bearish 2013 acreage report and a bullish old-crop stocks report • We believe the risks to corn and soybean yields are to the downside which will support prices in Q4 • We maintain our bullish position versus the corn and soy...

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Technology: Reshaping the global economy

Digital technology is transforming the economy and society. Adoption, not invention, has the most economic impact. Technology can lift developed countries if they embrace change. New technologies offer more opportunities than challenges for emerging markets.