https://reports.zhihai.me/tags/citi/ Recent content in Citi on 脱水研报 Hugo zh-cn Wed, 26 Aug 2026 10:54:00 +0800 https://reports.zhihai.me/posts/2026-08-26-citi-agri-super-el-nino-2026/ Wed, 26 Aug 2026 10:54:00 +0800 https://reports.zhihai.me/posts/2026-08-26-citi-agri-super-el-nino-2026/ 花旗看涨谷物油籽，全面上调玉米/小麦/大豆目标价。超级厄尔尼诺（90%+ 概率）+ 黑海出口受阻 + 化肥能源高成本 + 生物燃料需求四大因素共振，未来 6~12 个月持续收紧全球农业供需。