Contents tagged with Grain Market Daily

A bleak outlook for domestic rapeseed: Grain Market Daily

9 June 2020

A bleak outlook for domestic rapeseed: Grain Market Daily

The latest crop development report released last month does not pose much confidence for UK rapeseed in 2020/21.

Weather uncertainty driving swings in UK futures: Grain Market Daily

5 June 2020

Weather uncertainty driving swings in UK futures: Grain Market Daily

UK feed wheat futures prices have been variable over recent weeks, at least in part due to uncertainty over the impact of unfavourable weather on crops in Europe and the Black Sea region.

Coronavirus reduces malting barley usage: Grain Market Daily

4 June 2020

Coronavirus reduces malting barley usage: Grain Market Daily

Barley usage for the brewing, malting and distilling sector in April was just 114.7kt. This is the lowest figure in over a decade.
Imports to set the tone for UK feed grains: Grain Market Daily

3 June 2020

Imports to set the tone for UK feed grains: Grain Market Daily

As we move towards harvest 2020, the value of imported grains and oilseeds will play a key role in setting the price of domestic supplies, the value of imported maize will prove pivotal to setting values in feed markets.
An update to US planting figures: Grain market daily

2 June 2020

An update to US planting figures: Grain market daily

Planting figures for US maize and soyabean crops were slightly below market pre-release estimates, according to Monday’s US crop progress report. Progress has slowed from the rapid pace seen at the start of the season, but remains above the five-year average (2015-19).
Large closing stocks weigh on UK wheat supply & demand: Grain Market Daily

29 May 2020

Large closing stocks weigh on UK wheat supply & demand: Grain Market Daily

Higher UK wheat supplies due to a large production year and relatively stable demand, combined with our export campaign slowing considerably post October have resulted in a large increase in closing stocks.

Analyst Insight: Australian barley offers extra pressure for the UK market

28 May 2020

Analyst Insight: Australian barley offers extra pressure for the UK market

During our barley week last week, we highlighted the increase in trade tensions between China and Australia, with the former potentially imposing a $74/t tariff on imports of Australian barley. This offers a high degree of price risk for domestic barley, particularly given the significant export volumes expected from the UK next year.
UK rapeseed prices benefit from short-term crude oil recovery: Grain Market Daily

27 May 2020

UK rapeseed prices benefit from short-term crude oil recovery: Grain Market Daily

News of countries beginning to ease lockdown measures has enabled vegetable oil prices to show some signs of recovery. UK rapeseed prices have benefitted from both this rise in Paris futures and a weakening GBP/EUR exchange rate.

How do May's crop conditions compare to last year? Grain Market Daily

22 May 2020

How do May's crop conditions compare to last year? Grain Market Daily

In the latest ADAS Crop Condition report, 26% of winter wheat is rated ‘very poor’ or ‘poor’, this is a considerably large increase from last year when it was 5%.

Analyst Insight: A look at feed markets

22 May 2020

Analyst Insight: A look at feed markets

The closure of the food service industry for almost two months now has reduced demand for meat and grain products. The impact of coronavirus on meat and dairy production will likely translate to a fall in demand for feed grains.
Import schedule provides wheat price risk: Grain Market Daily

20 May 2020

Import schedule provides wheat price risk: Grain Market Daily

Yesterday, the UK government released its import tariff schedule, which is due to come into force once the UK leaves the European Union on 31 December 2020. For arable, the tariff schedule largely reflects the adoption of EU tariff rates, transformed by currency, whilst for maize the tariff rate has been liberalised to zero.

How will the UK be grain secure going into the 2020/21 marketing year? Grain Market Daily

19 May 2020

How will the UK be grain secure going into the 2020/21 marketing year? Grain Market Daily

As is well documented, planting for the 2020 harvest suffered from the persistent rainfall throughout autumn and winter.

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