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Contents tagged with Grain Market Daily
18 June 2024
As mentioned above, global grain prices were driven largely by US crop conditions and harvest progress yesterday. Winter wheat harvest is progressing rapidly, and maize is currently in its vegetative stage, with forecasts of hot weather last week causing concerns over its development.
14 June 2024
Chicago maize and soyabean prices gained yesterday (13 June) on the back of forecasts for higher warmer temperatures in key US crop growing areas.
13 June 2024
Yesterday, the USDA released its June World Agricultural Supply and Demand Estimates (WASDE). For wheat, Russia’s production was cut considerably, which, as well as cuts across Ukraine and Europe has consequently tightened the global 2024/25 balance.
12 June 2024
Last week, the latest AHDB GB animal feed production figures were published for April 2024. Animal feed production for April 2024 was up by 5.3% in comparison to April 2023, however remains 0.5% down in comparison to production over last years marketing year to date (July to April).
11 June 2024
The Turkish government announced last week that it will stop wheat being imported into the country from 21 June to until at least 15 October. This has added to the pressure in the global wheat market, particularly for European wheat futures.
11 June 2024
Both winter and spring crops benefitted from the kinder weather in May in the UK, shows the latest AHDB crop development report.
6 June 2024
Concerns over what impact the cost-of-living crisis would have on UK cereals demand have been key watchpoints over the last couple of years.
5 June 2024
Global grain futures are trending downwards following pressure from the Black Sea weather outlook, US crop progress report, and uncertainties around global demand.
4 June 2024
US 2024 maize crops are off to a good start the USDA reported last night.
31 May 2024
With significant price fluctuations over the last few years, increasing costs and variable yields, net margins for UK oilseed rape (OSR) farmers have fluctuated considerably.
30 May 2024
Wheat imports are expected to remain firm for the remainder of the season.
29 May 2024
For both wheat and rapeseed, Nov-25 futures are currently higher than where the Nov-24 futures were a year ago.