Contents tagged with Grain Market Daily

New crop wheat futures on the rise: Grain market daily

3 November 2023

New crop wheat futures on the rise: Grain market daily

New crop (Nov-24) UK feed wheat futures have risen £4.90/t since Friday 20 October, closing at £208.00/t yesterday.

A tight malting barley balance this season: Grain market daily

6 November 2023

A tight malting barley balance this season: Grain market daily

As discussed in a previous analysis, malting barley premiums remain historically high at the moment. As at 12 October, the gap between the UK average spot ex-farm price for premium malting barley and feed barley was £71.20/t.
New-crop EU and US drilling progressing: Grain market daily

1 November 2023

New-crop EU and US drilling progressing: Grain market daily

For most parts of Europe, winter cereal drilling is progressing well, according to the European Commission’s latest crop monitoring report. This is despite a later start, as delayed crop harvesting wrapped up.
El Niño could have implications for Brazilian maize: Grain market daily

31 October 2023

El Niño could have implications for Brazilian maize: Grain market daily

As US harvests are progressing quickly, focus for plugging the supply gap turns to South America for the start of 2024.
Lower quality from 2023 harvest confirmed: Grain market daily

27 October 2023

Lower quality from 2023 harvest confirmed: Grain market daily

Results from the Cereal Quality Survey confirm lower quality for both wheat and barley from the 2023 harvest, including specific weights.

A weak week for wheat, where next though? Grain market daily

26 October 2023

A weak week for wheat, where next though? Grain market daily

UK feed wheat futures (Nov-23) have been pressured so far this week, closing yesterday at £184.80/t.

Brazilian weather critical market watchpoint: Grain market daily.

25 October 2023

Brazilian weather critical market watchpoint: Grain market daily.

Longer-term outlooks for oilseed markets have been marginally bearish. This is on the expectations of large South American soyabean crops coming to the global market at the start of 2024.
Fertiliser prices move sideways: Grain market daily

6 November 2023

Fertiliser prices move sideways: Grain market daily

Fertiliser prices have seen little change from the last fertiliser update, though remain historically high for this point in the season.

Smallest UK oat crop for seven years: Grain market daily

20 October 2023

Smallest UK oat crop for seven years: Grain market daily

The 2023 UK oat crop is provisionally the smallest since 2016. Provisional data from Defra (for England) and the Scottish government, plus estimates for Wales and Northern Ireland point to the 2023 crop totalling 841 Kt.

What can we expect from animal feed demand this season? Grain market daily

19 October 2023

What can we expect from animal feed demand this season? Grain market daily

The 2023/24 AHDB Early Balance Sheet estimates of wheat and barley were released on Tuesday. In the estimates, wheat usage in animal feed production was forecast up 3% on the year, at 7.119 Mt.

Ukrainian rapeseed pressuring UK rapeseed prices? Grain market daily

19 October 2023

Ukrainian rapeseed pressuring UK rapeseed prices? Grain market daily

Since 2019/20, the UK has been a net-importer of oilseed rape (OSR), with imports ramping up as production has gradually reduced.
Domestic wheat consumption on the rise? Grain market daily

17 October 2023

Domestic wheat consumption on the rise? Grain market daily

Today, AHDB published the 2023/24 Early Balance Sheets for wheat and barley, which provide a first look at supply and demand for the season ahead.

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