Bloomberg News

Morgan Stanley Lowers Forecasts for Agriculture Commodities

December 13, 2011

Dec. 13 (Bloomberg) -- Morgan Stanley lowered its price forecasts for agricultural commodities because of rising global supply, the company said in a report today. The sell-off in agriculture commodities “presents a buying opportunity,” Morgan Stanley said. The sentiment in agriculture markets has “turned negative,” according to the report.

To contact the editor responsible for this story: Tony C. Dreibus at tdreibus@bloomberg.net


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