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Economist Intelligence Unit expects maize prices to weaken over 2023, drop by 5% on average given expectations for rebound in US output; world inventories at end-2022/2023 expected to contract by 6% to 285 million tonnes despite modest pullback in demand
Published: February 03, 2023 by World Commodity Forecasts
Wells Fargo reiterates Ball's underweight rating given excess capacity, still fragile demand across both North America and South America; Q1 set to be hindered by high-cost inventory and lower NA demand, but volumes projected to improve as 2023 progresses
Published: February 03, 2023 by Wells Fargo & Co.
RBC Capital reiterates IP at sector perform and lifts target US$4 to US$40, noting Q4 results beat expectations; corrugated volumes likely to remain weak into Q1 before recovering as year progresses, and inventory destocking trend potentially on last legs
Published: February 03, 2023 by RBC Capital Markets LLC
CEO Corner: Old Dominion CEO expects demand to rise in Q2 as overstocked inventories empty; retail customers, which make up 25%-30% of company's clients, could offset possible decline in demand from industrial customers, which are about 55%-60% of clients
Published: February 03, 2023 by Transport Dive
New listings of US homes down 5.4% year-over-year in January, with median list price up 8.1% to US$400,000; housing inventory increased 65.5%, while a typical home sold in 75 days, 13 days more than January 2022: Realtor.com
Published: February 03, 2023 by Realtor.com

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