Contents tagged with Grain Market Daily

13 July 2021

UK feed wheat futures (May-20) closed flat yesterday, at £154.25/t. A continued weakening of the euro against the dollar has somewhat protected European markets from the further falls seen in global markets.

13 July 2021

Although we saw support for oil markets from 20th Jan after the shutting down of Libya’s oil pipeline, since then oil has reduced by 15.75% after the coronavirus outbreak in China.

13 July 2021

A lot of attention has been placed on the impact of coronavirus on markets in the past fortnight, and while this is very relevant at the moment, the impact can belie the long-term direction of markets

13 July 2021

As negotiations with the EU about our future trading relationship continue and provide certainty, the value of the pound may well receive increased support.

13 July 2021

Global agricultural markets continue to be affected by concerns surrounding the impact of coronavirus on Asian regions. UK feed wheat futures (May-20) closed at £151.75/t yesterday, down £3.50/t from 27 January.

13 July 2021

UK wheat prices are capped by those in Europe as we meet import parity. With a falling MATIF market, this will bring the import ceiling lower and therefore pressure UK prices. UK feed wheat futures (May-20) have been following the track of MATIF closely.

13 July 2021

As we draw towards the end of the winter drilling window, it’s becoming more apparent that arable farmers may have to plant alternatives to winter wheat to produce grain for the 2020/21 marketing year.

13 July 2021

Although the value of new crop grain has recently come under some pressure, the premium to European maize has continued to grow.

13 July 2021

Wheat futures have lost some considerable ground in the past few days. Old crop (May-20) futures, have lost £3.45/t since last Tuesday. A large part of the recent fall stems from the fact that global wheat markets had somewhat overcooked themselves.

13 July 2021

Although political discourse can be a huge driver of global markets. Another vital parameter to engage with is global weather.

13 July 2021

UK wheat futures have continued to benefit from global wheat price increases recently. Concerns surrounding global wheat supply tightness and strong global demand going forward have supported prices.

13 July 2021

In recent weeks the value of UK rapeseed prices had risen considerably. However, in the latest AHDB delivered survey, oilseed rape (spot, Erith) was down £17.00/t, at £348.00/t. The fall was in part driven by the lack of trade guarantees, following the signing of a phase-one trade deal between the US and China, and partially by the growth in the value of sterling.

×