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Contents tagged with Grain Market Daily
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.
13 July 2021
UK wheat futures (May-20) closed yesterday at £155.50/t, down £1.95/t on the day before. Furthermore, the November contract closed at £164.25/t, down by £1.45/t.
13 July 2021
UK feed wheat futures (May-20) closed yesterday at £157.70/t, gaining £1.45/t on the day before. Furthermore, the November contract closed yesterday at £166.25/t, gaining £1.70/t on the day before.
13 July 2021
Old crop UK feed wheat futures (May-20) have strengthened this week, ending yesterday at £156.25/t as sterling continues to weaken.
13 July 2021
A difficult window for winter planting has meant many face increasing spring acreages. Spring barley seems a likely choice for spring drilling options.
13 July 2021
As we hit January we are constantly reminded about the lengths people claim they will go to in order to become a “new me” These range from going to the gym more, attempting dry January and we can hardly ignore Veganuary.