19 October 2021

Rapeseed prices lifted by palm oil, but 2022 recovery threat: Grain market daily

The recent surge in rapeseed prices was driven by tight supplies of the oilseed and palm oil, plus a rise in crude oil prices. Will the forecast palm oil production recovery in 2022 pressure rapeseed prices?

18 October 2021

Sharp contrasts in UK crop production figures: Grain market daily

Defra released provisional data on the UK crop areas, yields and production yesterday, showing a year of contrasts.

13 October 2021

WASDE tightens wheat: Grain market daily

Stocks were revised lower for all nations except Ukraine and Canada. This tightness offers support to wheat markets.

8 October 2021

Are geo-politics constraining food? Grain market daily

With the AHDB Grain Market Outlook taking place next Tuesday (12 October), one of our live in-person sessions will be discussing food security, which will be chaired by HSBC’s head of Agri-food Allan Wilkinson.

6 October 2021

EU rapeseed prices continue surging: Grain market daily

For the past six months, EU rapeseed prices have continued to surge. Yesterday, the Nov-21 Paris rapeseed contract closed at €662.00/t (£563.25/t). The strength in EU markets continues to be reflected in the UK market, with prices for domestic rapeseed, delivered Erith (Nov), quoted at £549.50/t, on Friday. These elevated prices offer a good opportunity for growers who have faced challenging production economics in recent years.

5 October 2021

Will US harvest cap recent wheat gains? Grain market daily

The US harvest continues at pace. Harvest progress has pressured markets recently.

4 October 2021

UK harvest reviewed as US stock reports pushes global wheat higher: Grain market daily

As the harvest now ends around the UK, we have our final harvest report to round up yields and quality.

30 September 2021

Markets await US stock figures: Grain market daily

As harvest progresses in the US, the price of both maize and soyabeans have waned. As of 26 September, the US maize harvest was 18% complete, three percentage points ahead of the five-year average. The soyabean harvest was 16% complete as of Sunday, also three percentage points ahead of the average.

29 September 2021

La Niña could drive grain markets (again): Grain market daily

Global grain & oilseeds prices were somewhat supported throughout 2020/21 due to a La Niña weather event that occurred in the South Pacific from October 2020 to March 2021.

1 October 2021

What’s behind the high gas price?

What are the fundamental reasons behind those high prices, and what will impact them over the coming months?

28 September 2021

UK milling wheat premiums continue to soar: Grain market daily

Delivered milling wheat into Northamptonshire (October delivery) was quoted £36.50/t over feed wheat futures last Thursday. That is £19.86/t higher than the 2015/16-2019/20 average for the same week.

24 September 2021

A government intervention, but fertiliser outlook still tight: Grain market daily

Last week, CF Industries announced the immediate closure of both their UK production sites. CF Industries produces c.40% of UK AN supply.

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