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Contents tagged with Grain Market Daily
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13 July 2021
Last week, the International Grains Council (IGC) released their latest global supply and demand forecasts.
13 July 2021
The global weather market pushed the UK November futures contract to its highest point in ten years, for this week of the year. How can we take advantage of this rally?
13 July 2021
The delay in planting the 2021 US maize crop is part of the reason US maize, and so UK wheat, prices have been rising.
13 July 2021
As markets are in the midst of being very reactive to weather, crop area data can also drive prices for the 2021/22 marketing year.
29 August 2024
As we have reported over the past few weeks, cold and dry weather has been causing concern for new-crop grains supply, fuelling the current rally.
13 July 2021
As we all know, better planting progress for winter and spring cereals has laid the foundations for an increased UK grain production figure. But nearly a month without substantial rainfall across the UK has threatened crop health, with yields likely affected.
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.