$Crude Palm Oil Futures(FEB5) (FCPOmain.MY)$ If you think Pa...
$Crude Palm Oil Futures(FEB5) (FCPOmain.MY)$ If you think Palm oil price is high now.
Wait til Kennedy comes online.
Mr Whitelaw said a lot of RFK's views on chemicals could have a negative impact on crop yields if implemented and would likely be unpopular with most US farmers.
"A lot of Trump's support comes from rural USA, and I don't think many will be happy to see these kind of policies that RFK is advocating," he said.
CBA analyst Dennis Voznesenski said RFK's negative view on agrochemicals could have global ramifications.
"Any changes to agrochemical use regulations could have a sizeable impact on US agricultural output," he said.
"A reduction in output would benefit demand for Australian crops."
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Winner…Winner : Yes, with the help of the west on banning crude palm oil, they will pay for the price for higher price of goods, I would say CPO could set a new standard soon.
103349305 OP : Yes,sustainable palm must be paid premium price.Same thing will happen to US crops becoming sustainable crops. High price. Why should palm oil being sustainable and regulated be selling cheaper than non regulated crops? Who want to be sustainable then ? Plant onion and ginger better no windfall tax no regulation can expand as much as you like.