these articles tell it all, the conditions seller are faced with, CLI would no doubt be facing the same issues.
The seasonality means that this supply glut will take some time to clear and then the farmers that remain for next years harvest should feed into whether CLI is to increase the acreage or not. I suspect the high margins over traditional crops means that people will want to hang in there, prompting another surplus next year. Need to see stronger growth in the demand picture
CLI Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
