13 June 2024

USDA cuts Russian and European wheat production: Grain market daily

Yesterday, the USDA released its June World Agricultural Supply and Demand Estimates (WASDE). For wheat, Russia’s production was cut considerably, which, as well as cuts across Ukraine and Europe has consequently tightened the global 2024/25 balance.

12 June 2024

Wet spring supports GB animal feed production for April: Grain market daily

Last week, the latest AHDB GB animal feed production figures were published for April 2024. Animal feed production for April 2024 was up by 5.3% in comparison to April 2023, however remains 0.5% down in comparison to production over last years marketing year to date (July to April).

11 June 2024

More export competition for EU wheat after Turkish ban? Grain market daily

The Turkish government announced last week that it will stop wheat being imported into the country from 21 June to until at least 15 October. This has added to the pressure in the global wheat market, particularly for European wheat futures.

11 June 2024

Warmest May on record benefited UK crop growth: Grain market daily

Both winter and spring crops benefitted from the kinder weather in May in the UK, shows the latest AHDB crop development report.

6 June 2024

Consumers can’t resist out-of-home spending, despite financial concerns: Grain market daily

Concerns over what impact the cost-of-living crisis would have on UK cereals demand have been key watchpoints over the last couple of years.

5 June 2024

What’s driving grain prices lately? Grain market daily

Global grain futures are trending downwards following pressure from the Black Sea weather outlook, US crop progress report, and uncertainties around global demand.

4 June 2024

Could the good start for US maize weigh on markets? Grain market daily

US 2024 maize crops are off to a good start the USDA reported last night.

31 May 2024

Oilseed rape net margins fluctuate over past five years: Grain market daily

With significant price fluctuations over the last few years, increasing costs and variable yields, net margins for UK oilseed rape (OSR) farmers have fluctuated considerably.