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Contents tagged with Grain Market Daily
1 February 2024
In the latest ex-farm Corn Returns data updated this week, the UK average ex-farm milling oat price reached a 19-month high in January at £252.20/t, up 5.8 % from December’s average and up 14.4% from the same month last year.
31 January 2024
Global soyameal stocks are expected to increase in the coming months, with large soyabean supplies due in South America especially, and consequently Chicago soyameal futures have been seeing some downward pressure.
30 January 2024
The UK average spot ex-farm price for feed wheat was below £180.00/t in the week ending 25 January, the first time since September.
29 January 2024
The month of January has seen significant pressure for global grain markets with both wheat and maize prices tumbling down.
12 September 2024
The importance of cost management is one of the key take-aways from ‘The Characteristics of Top Performing Cereals and Oilseeds Farms in the UK’ report, in particular ensuring that expenditure is focused on achieving optimum margin and output.
23 January 2024
The gap or ‘carry’ from May-24 UK feed wheat futures to the new crop Nov-24 contract has stretched to nearly £15/t.
22 January 2024
There are signs that pressure on European, and so UK, wheat prices from Black Sea exports could be starting to ease.
18 January 2024
Speculative traders still hold large net-short positions in Chicago wheat and maize futures, which can be seen as predicting a bearish outlook for wheat and maize prices.
25 January 2024
The escalation of the Israel/Gaza conflict in the Middle East, with US/UK retaliation against Iran backed Houthi attacks on commercial shipping in the Red Sea, and the subsequent rerouting of commercial shipping, is likely to impact the UK over the coming weeks and months.
16 January 2024
Up to 50 new actions will be launched in Summer 2024. Payment rates will also be increased by an average of 10% for the SFI and Countryside Stewardship (CS) agreements, and a premium paid for high ambition actions.
12 January 2024
More poultry feed was produced in November 2023 than in November 2022, by GB animal feed compounders and UK Integrated Poultry Units (IPUs).
11 January 2024
Imported AN (34.5% N) was quoted for December at £354/t. Though this is just back another £5/t from November’s quoted price, this signifies the third month on month reduction in the imported AN value.