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Contents tagged with Grain Market Daily
12 September 2024
The importance of cost management is one of the key take-aways from ‘The Characteristics of Top Performing Cereals and Oilseeds Farms in the UK’ report, in particular ensuring that expenditure is focused on achieving optimum margin and output.
23 January 2024
The gap or ‘carry’ from May-24 UK feed wheat futures to the new crop Nov-24 contract has stretched to nearly £15/t.
22 January 2024
There are signs that pressure on European, and so UK, wheat prices from Black Sea exports could be starting to ease.
18 January 2024
Speculative traders still hold large net-short positions in Chicago wheat and maize futures, which can be seen as predicting a bearish outlook for wheat and maize prices.
25 January 2024
The escalation of the Israel/Gaza conflict in the Middle East, with US/UK retaliation against Iran backed Houthi attacks on commercial shipping in the Red Sea, and the subsequent rerouting of commercial shipping, is likely to impact the UK over the coming weeks and months.
16 January 2024
Up to 50 new actions will be launched in Summer 2024. Payment rates will also be increased by an average of 10% for the SFI and Countryside Stewardship (CS) agreements, and a premium paid for high ambition actions.
12 January 2024
More poultry feed was produced in November 2023 than in November 2022, by GB animal feed compounders and UK Integrated Poultry Units (IPUs).
11 January 2024
Imported AN (34.5% N) was quoted for December at £354/t. Though this is just back another £5/t from November’s quoted price, this signifies the third month on month reduction in the imported AN value.
10 January 2024
Throughout the months of September and October, both the May-24 and Nov-24 UK feed wheat futures were trading at a discount to the respective comparable Paris milling wheat futures.
10 January 2024
As has been outlined in previous analysis, malting barley premiums reached record highs throughout the first few months of the season.
5 January 2024
As discussed in previous analysis, bread wheat premiums reached record highs at the beginning of the season. While they have eased slightly since then, they remain historically firm
4 January 2024
Nearby Chicago soyabean futures closed on the 29 December 2023 at $475.23/t, down 13% on the year. The year of 2023 marked the first annual drop on this date in nearby Chicago soyabean futures since 2018.