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Contents tagged with Grain Market Daily
7 March 2024
Throughout 2020/21, China played a key global role in supporting maize prices and in turn wheat prices. Chinese buying of grains contributed to the tightening of global supply and demand.
13 July 2021
Over the past year, we have seen the strong influence of funds in the global grain trade. The recent rally in markets is proving no different.
13 July 2021
UK feed wheat Nov-21 futures discount to Jul-21 futures closed last night as £22.00/t. This is the largest the old crop to new crop discount since 2012,
13 July 2021
Forecasts showing less than ideal weather have driven the recent rise in global prices for grains and oilseeds.
29 August 2024
GB wheat production could reach 14.57Mt, well ahead of last year’s poor crop and 6.6% ahead of the five year average. With tight production in 2020/21 and minimal carry out stocks, a 14.57Mt crop will only go some way to fulfilling demand and imports will be required.
13 July 2021
The USDA report yesterday highlighted US farmers had made good progress in maize and spring wheat planting. But, over a third of US cropland (topsoil and subsoil) were ‘short’ to ‘very short’ of moisture.
13 July 2021
At 4pm today, the latest world agricultural supply and demand estimates (WASDE) are due to be released. After last week’s quarterly grain stocks, global markets have been awaiting the latest figures to steer old-crop prices. But, not much change is predicted by analysts.
13 July 2021
Today, we released the latest 2021/22 UK crop development report. This shows the condition rating of crops as at the end of March.
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13 July 2021
In this article I want to answer some of the questions you asked about options contracts and their practicality for growers.
13 July 2021
Tonight, the USDA will release the annual US prospective plantings report and the quarterly US stocks report.
13 July 2021
Yesterday, the value of sterling closed against the US dollar at £1=$1.3844. This is up on last week’s close (£1 = $1.3780) due to easing concerns over vaccine supply from the European Union (EU).
9 September 2021
Yesterday, the International Grains Council (IGC) produced their latest world forecasts. For total grains, the world projection for 20/21 was raised by 9Mt, to 2,224Mt.