1 April 2020

Maize and Soy area rebounds as US wheat area falls to lowest on record: Grain Market Daily

The prospects for an increased planted area has further added to the bearish tone in US maize markets.

31 March 2020

OSR rises despite crude hitting an 18 year low: Grain Market Daily

Paris rapeseed futures rose yesterday as the coronavirus temporarily curbs Malaysian palm oil production, despite Brent crude oil futures falling to an 18 year low.

6 March 2025

What are the impacts of coronavirus on domestic markets? -podcast: Grain Market Daily

The value of sterling has continued to rally since my last GMD (Wednesday). At yesterday’s close £1=$1.220 and £1=€1.106. Sterling has continued to gain strength today. Dollar weakness is likely a key driver of the recent strength, with US data released yesterday showing a record number of citizens claiming for unemployment support.

25 March 2020

What does the US stimulus package mean for arable markets? Grain Market Daily

• The US government and senate have agreed a new stimulus package to try and reduce the impact of the coronavirus outbreak on the US economy. The $2 trillion dollar package which includes a raft of measures aimed at supporting the US economy still needs to go through congress but is viewed as a step in the right direction.

24 March 2020

Successive global gains for wheat: Grain Market Daily

There was still a degree of volatility yesterday for sterling, as markets continue to react to global news.

20 March 2020

Markets remain volatile in day to day trading: Grain Market Daily

Sterling was volatile throughout the day as various news and information emerged, with knock-on impacts for UK feed wheat futures.

19 March 2020

Sterling slides further driving UK grain higher: Market Commentary

The pound continued to fall yesterday against the dollar, reaching lows not recorded since 1985, finishing the day at £1=$1.1613. At 9:30 this morning, the pound had fallen to £1=$1.1563.

18 March 2020

Currency saviour in a bearish global market: Grain Market Daily

Driving the gains in UK and Paris wheat futures yesterday was yet again currency, a surge in the value of the dollar and subsequent loss in the value of the pound and euro, shielding the domestic market from the overall continued bearish global sentiment.

17 March 2020

EU wheat production estimates hit after torrential rain

The European association Coceral revised its 2020/21 cereal production estimates from initial forecasts last month in a report released yesterday.

13 March 2020

Economic worries swamp fundamental news: Grain Market Daily

Global macro-economic worries continue to be the dominant factors driving market sentiment for not just oilseed but also grain markets.

12 March 2020

Analyst Insight: How does an interest rate cut affect your grain price?

Sterling has fallen to its lowest level since November 2019, following an emergency cut to UK interest rates. The cut by 50 basis points has been carried out by the Bank of England with the hope of reviving the UK economy amid Covid-19 fears.

11 March 2020

January HMRC trade data

January wheat exports stand at 50.3Kt, with non-EU exports of 13.3Kt.

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