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Contents tagged with Grain Market Daily
13 July 2021
The latest International Grains Council (IGC) global supply and demand estimates point toward a continuation of the overall current bearish global grain market sentiment.
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13 July 2021
With the UK domestic market reacting to ongoing adverse weather preventing winter crop planting, it’s important to consider winter planting in major wheat producing nations. This will have a significant impact on global markets.
13 July 2021
With new crop futures now somewhat prevented from gaining further relative to European origins, there are two main risks for new crop pricing for the foreseeable.
13 July 2021
From a price point, the relationship between old crop and new crop prices has stretched, however, the same can’t be said globally.
13 July 2021
The EU rapeseed deficit has continued to draw in large levels of the crop. Cumulative imports so far in 2019/20 (up to 10 Nov) have reached 2.68Mt, according to the EU commission.
13 July 2021
HMRC export data, released yesterday, states 341.0Kt of barley was exported from the UK in the month of September alone.
13 July 2021
This afternoon (17.00) the USDA will release its latest supply and demand estimates. The report will be watched closely for its assessment of US and southern hemisphere crops. Significant weather challenges have led to delays for northern hemisphere harvesting (and new crop planting) and driven concerns over conditions of South American crops.
13 July 2021
The EU is forecast to import 6.0Mt of rapeseed this season. So far this season, EU imports of rapeseed to 03 November have totalled 2.68Mt.
13 July 2021
Further mixed messages for global grain markets were released in yesterday’s USDA crop progress report, with additional supportive factors for the current crop year, but a somewhat bearish tone for new crop wheat.
13 July 2021
Looking into next year, global wheat futures for harvest 2020 will help to provide insight into the potential route wheat prices may take over the next twelve months.
13 July 2021
Since last Monday (21 October) Paris rapeseed futures (May-20) have generally followed an upward trend, gaining €5.25/t, to close yesterday at €379.75/t. The recent rise has been driven by support in other vegetable oil markets.
13 July 2021
Delayed and disrupted winter wheat planting has heightened concerns for the 2020/21 harvest and moved UK feed wheat futures higher, up £6.05/t over the last week.