‘Irrational expectations’ are keeping commodity prices unsustainably low, warns Goldman

A previous version of this report incorrectly spelled the name of Jefferie Curry of Goldman Sachs. It has been corrected.

A combine harvesters of Astarta-Kyiv agri-industrial holding harvests wheat on Aug. 5, 2022 in the Khmelnytskyi region of Ukraine. In normal times, Ukraine is one of the world’s largest grain exporters, but the Russian invasion and…

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