Contents tagged with Grain Market Daily

Analyst Insight: Lower yields predicted to push up unit costs of production

11 September 2020

Analyst Insight: Lower yields predicted to push up unit costs of production

Lower yields mean that costs per tonne will be higher for spring barley, winter wheat and oilseed rape (OSR) despite some lower input costs in the last 12 months.
Analyst Insight: Wheat top of the crops - 2021 Gross margins

16 September 2020

Analyst Insight: Wheat top of the crops - 2021 Gross margins

Winter milling wheat returns the top crop (of those looked at) on a gross margin basis, with feed wheat dropping one place to third. This would suggest that there is, unsurprisingly, a strong incentive to plant wheat for harvest 2021, and ups the likelihood of an increased area.
UK wheat area to recover for harvest 2021? Grain Market Daily

11 September 2020

UK wheat area to recover for harvest 2021? Grain Market Daily

The GB wheat area for harvest 2020 is expected to be the lowest in over 40 years. The extremely wet weather last autumn significantly limited the area sown to all winter crops. However, current expectations are for the area planted to wheat for harvest in 2021 to rebound.
First cereal quality results of 2020 highlight the effect of difficult growing season: Grain Market Daily

8 September 2020

First cereal quality results of 2020 highlight the effect of difficult growing season: Grain Market Daily

The survey quality results will help to quantify concerns around the true impact of the challenging weather in 2019/20 on the UK wheat and barley crops. With reduced availability for cereal grains this season, imports are required to meet the deficit. Though lower quality levels seen in milling and malting samples so far, could exacerbate this import requirement.
Coronavirus hits the poultry sector: Grain Market Daily

4 September 2020

Coronavirus hits the poultry sector: Grain Market Daily

The release of the latest AHDB usage data has shown that poultry feed production was the only animal feed sector to decline on the year in July.

Analyst Insight: Will soya drive rapeseed again?

3 September 2020

Analyst Insight: Will soya drive rapeseed again?

We often talk about the relationship between rapeseed and soyabean prices in Grain Market Daily, because soyabeans represent almost 87% of the world’s export trade in oilseeds. This means soyabean supply, demand and prices impact rapeseed prices.
Where next for wheat prices? Grain Market Daily

2 September 2020

Where next for wheat prices? Grain Market Daily

UK futures are not moving independently, and the recent surge in UK and Paris futures has been heavily dictated by movements in US markets. Exports from the US of wheat, maize and soyabeans to China and the rest of the world have been strong in recent weeks, with the demand drive outweighing the supply picture.
Southern Hemisphere weather watch for wheat market sentiment: Grain Market Daily

28 August 2020

Southern Hemisphere weather watch for wheat market sentiment: Grain Market Daily

The International grain council (IGC) released their most recent global forecasts for 2020/21 yesterday (27 August).

Domestic premiums firm, but how long will it last? Analyst Insight

27 August 2020

Domestic premiums firm, but how long will it last? Analyst Insight

It’ll be no surprise to anyone that we are currently experiencing unprecedented circumstances in terms of wheat production in the UK. It is highly anticipated, as I mentioned last week, that the UK wheat crop will be the smallest since 1982, and potentially lower than that.

Do wheat prices matter for bread? Grain Market Daily

28 August 2020

Do wheat prices matter for bread? Grain Market Daily

It’s slightly surprising, and against logical thought, that the price of wheat does not translate directly and proportionately to the price of bread
More questions raised over Northern Hemisphere maize crops: Grain Market Daily

25 August 2020

More questions raised over Northern Hemisphere maize crops: Grain Market Daily

Maize is likely to continue to influence global and so UK wheat prices this week, as more questions are raised over maize crop sizes in the US and Europe.
English winter crop area drops confirmed by Defra: Grain Market Daily

21 August 2020

English winter crop area drops confirmed by Defra: Grain Market Daily

The provisional results of Defra’s June 2020 survey show sharp drops in the areas of winter crops in England compared to June 2019.

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