According to the agronomist weather pattern chart — the next year’s situation of early cold in autumn will probably be worse than this year’s... so likelihood of it happening ... look at NASA take on Grand Solar Minimum .

Global crop failures on the northern hemisphere from the early snow/ frost in mid autumn before the soybeans matured .., many crops failures also , wheat , corn , barley ...
the situation made worse by last year’s late spring planting season .... not Enough time for crops planting to maturity ....affects major northern hemisphere .
South — Australia drought and heat — crops failures also .

So depends on palmoil as critical substitute to soybean oil and corn oil .

Only by next year October will the northern hemisphere next planting season will the new stocks be known if they can be successfully planting and harvested to off set the palmoil upward price pressure .
So until then palm oil will have a good long run upwards .

If the crops fails again in 2020 sept - October 2020 ... then price of palmoil will shoot beyond RM5000/ton ...,

It will go much much higher in 6 months time cpo price

Only the beginning of the going up..,palmoil price will continue to rise for the next few years ... there are reasons behind it ..so hang on tight

Any new plants will take 4 years to increase supply of new palm oil into the market ..
So this bull run will be a Long one ...

Yup.. global soybean oil shortage ... palmoil substitute

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