Contents tagged with Grain Market Daily

3 August 2021

The latest UK cereal balance sheets have been published this morning. This further highlights what has been an incredibly tight season for wheat. With exports now estimated at 180Kt, a deficit in operating stocks of 302Kt is estimated.

13 July 2021

This article is the second in a series this week on changes to crop fundamentals ahead of the third release of the AHDB balance sheet on Thursday.

13 July 2021

This article is the first in a series this week on changes to crop fundamentals ahead of the third release of the AHDB balance sheet on Thursday.

26 October 2023

The support in harvest 2022 oilseed rape (OSR) values could pose a significant incentive for growers to plant this crop this summer.

13 July 2021

UK feed wheat futures prices for Nov 2022 are still historically high, compared to other crops 15 months ahead of harvest. This brings risks but the potential for reward.

13 July 2021

Since the release of last week’s USDA world supply and demand estimates, both old and new crop global grain markets have lost a lot of ground. Part of this drop has been driven by larger than expected estimates for both old and new crop maize.

13 July 2021

Weather and crop conditions continue to drive day-to-day movements in grain markets.

13 July 2021

Grain and oilseed futures prices fell yesterday, as speculative traders continue to book profits after Wednesday's USDA report.

13 July 2021

Delivered rapeseed prices recorded by AHDB have been reaching record levels over the past month. The previous record high new crop (Erith, November delivery) price was reached in June 2011, at £438.50/t. On Friday, we recorded Erith (Nov-21) at £477.00/t, surpassing the 2011 high by £38.50/t.

13 July 2021

Over the past few weeks, we’ve talked a lot about the impact of the current weather led support on new crop prices. Even with yesterday’s drop, Nov-21 feed wheat futures remain more than £40.00/t ahead of the average of the last five November contracts, at this point in the season.

13 July 2021

As we’ve highlighted for some time now, concerns around the condition of the new crop globally are continuing to support prices.

13 July 2021

Whilst it remains to be seen if globally we are in a super-cycle for commodities (a multi-year period of growth) we cannot ignore the transformation that commodity markets have undergone since the start of the Covid-19 pandemic.

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