18 April 2024

Inflation and interest rates update: Grain market daily

With the latest data showing that not only is inflation falling in the UK, but also that the price of some food items including meat actually falling, speculation regarding when and by how much interest rates will start coming down is increasing.

17 April 2024

Oat exports starting to slow? Grain market daily

Oat exports appear to be starting to slow following a strong period through autumn/ winter, import of wheat and barley up on the year.

16 April 2024

Where does the UK import fertiliser from? Grain market daily

The UK is estimated to produce approximately 40% of its nitrogen fertiliser requirement, while the remaining 60% is relied upon from imports (AIC). In June 2022, CF Fertilisers UK announced the permanent closure for one of their two UK fertiliser plants, though considering wider fertiliser production, Yara have plans for a new fertiliser plant in Yorkshire to be operational producing foliar nutrients by the end of 2025.

12 April 2024

Further uncertainty over South American crop expectations: Grain market daily

Yesterday saw the release of the USDA’s latest World Agricultural Supply and Demand Estimates (WASDE). There were also updates from the Buenos Aires Grain Exchange concerning Argentinian crops, and Conab concerning Brazilian crops.

11 April 2024

Nitrogen fertiliser prices fell in March: Grain market daily

Spot prices for nitrogen fertiliser fell in March, according to the latest GB fertiliser prices from AHDB. Imported AN (34.5%) for spot delivery in March averaged £342/t, down from £347/t a month earlier.

3 June 2024

Heavy rains impact European crop conditions: Grain market daily

Since the start of the season European crops have been impacted by unfavourable wet weather conditions in key production regions.

9 April 2024

US wheat ratings steady despite dry weather: Grain market daily

US winter wheat crop condition ratings were stable last night, despite drier weather in key US wheat-growing areas over the past fortnight.

5 April 2024

More imported wheat milled in February 2024: Grain market daily

UK flour millers, including wheat milled for starch and bioethanol production, used more imported wheat in February 2024 in the latest AHDB usage data.

4 April 2024

Black Sea crop conditions critical watchpoint: Grain market daily

Black sea crop conditions remain a critical watchpoint, as global prices remain significantly pressured by Russian grain exports and large stocks.

3 April 2024

New UK nature market standard launched: Grain market daily

In recent weeks, the British Standards Institution (BSI) launched its new 'BSI Flex 701 Nature markets – Overarching principles and framework standard'.

26 June 2024

How do UK wheat overhead costs stack up internationally: Grain market daily

How the UK stacks up internationally in terms of overheads, in particular labour, machinery, and land costs.

26 March 2024

Defra makes changes to SFI in response to food security concerns: Grain market daily

Defra has announced that there will be limits to the amount of land businesses are able to put into the Sustainable Farming Incentive (SFI) scheme.

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