More Grain Market Daily
7 May 2021
As we’ve highlighted for some time now, concerns around the condition of the new crop globally are continuing to support prices.
6 May 2021
Whilst it remains to be seen if globally we are in a super-cycle for commodities (a multi-year period of growth) we cannot ignore the transformation that commodity markets have undergone since the start of the Covid-19 pandemic.
5 May 2021
Last week, the International Grains Council (IGC) released their latest global supply and demand forecasts.
30 April 2021
The global weather market pushed the UK November futures contract to its highest point in ten years, for this week of the year. How can we take advantage of this rally?
29 April 2021
The delay in planting the 2021 US maize crop is part of the reason US maize, and so UK wheat, prices have been rising.
28 April 2021
As markets are in the midst of being very reactive to weather, crop area data can also drive prices for the 2021/22 marketing year.
27 April 2021
As we have reported over the past few weeks, cold and dry weather has been causing concern for new-crop grains supply, fuelling the current rally.
23 April 2021
As we all know, better planting progress for winter and spring cereals has laid the foundations for an increased UK grain production figure. But nearly a month without substantial rainfall across the UK has threatened crop health, with yields likely affected.
22 April 2021
Throughout 2020/21, China played a key global role in supporting maize prices and in turn wheat prices. Chinese buying of grains contributed to the tightening of global supply and demand.
21 April 2021
Over the past year, we have seen the strong influence of funds in the global grain trade. The recent rally in markets is proving no different.
20 April 2021
UK feed wheat Nov-21 futures discount to Jul-21 futures closed last night as £22.00/t. This is the largest the old crop to new crop discount since 2012,