28 February 2023

New crop futures now at a premium to old crop: Grain market daily

On Thursday, new crop (Nov-23) UK feed wheat futures closed at a premium to old crop (May-23) futures for the first time.

24 February 2023

Carbon markets insight: Grain market daily

The agriculture policy environment is changing. As such, businesses will need to balance business profitability with environmental sustainability going forward.

23 February 2023

Large US crop outlook for 2023/24: Grain market daily

Today is the first day of the 99th USDA Agricultural Outlook Forum (AOF). As part of the AOF, earlier today the USDA released outlooks for the coming season, including projections for US wheat, maize and soyabean supply and demand for the 2023/24 season.

22 February 2023

Where now for wheat prices? Grain market daily

UK feed wheat futures (May-23) have been feeling an element of support since the end of January. The contract reached £245.00/t on the 14 February and since then it has been pressured.

21 February 2023

How strong will EU wheat imports be this season? Grain market daily

Competitive supplies from Ukraine to Southern regions of Europe, combined with the impact of dry conditions at the end of last season (2021/22) have meant EU wheat import demand has been strong so far this season.

17 February 2023

Soyabeans to keep rapeseed supported short term? Grain market daily

Over the last few months, we have been discussing the weather in South America, which at times has been repetitive.

16 February 2023

EU 2023/24 grain outlook: Grain market daily

While so far this season much of the focus has been on news surrounding the Black Sea region and Southern Hemisphere production, as we move through the rest of the marketing year, grain markets will turn their focus increasingly to the development of Northern Hemisphere crops.

15 February 2023

Black Sea Initiative to keep markets volatile short term: Grain market daily

The war between Russia and Ukraine is intensifying, with a spring offensive expected in the coming weeks.

20 February 2023

Natural gas prices continue to fall: Grain market daily

UK natural gas prices have continued to decline over the past month. Nearby UK natural gas futures closed at 128.94p/therm yesterday, down 33.6p/therm from the same point in January and 64.08p/therm lower than the same point in 2022.

10 February 2023

Agri Market Outlook Winter 2023: Grain market daily

Released this morning; the AHDB Agri Market Outlook for winter 2023. Over the last 12 months there has been some historically high agricultural commodity prices across the board, rising inline with input costs and also geo-political situations.

9 February 2023

South American focus in latest WASDE revisions: Grain market daily

Yesterday, the USDA’s latest monthly WASDE (World Agricultural Supply and Demand Estimates) report was released.

8 February 2023

What’s driving markets this week? Grain market daily

So far this week, UK feed wheat futures have continued to be supported somewhat, with the May-23 contract closing up for the fourth consecutive session yesterday and the highest price in a month at £239.50/t.

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