More Grain Market Daily
3 July 2020
Earlier this week, the USDA reported that US farmers had planted 2Mha less than they intended to plant back in March so we look at what this means for maize and wheat markets.
2 July 2020
The release of the latest AHDB usage data has shown animal feed production down across all sectors in May.
1 July 2020
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) estimates that Australia’s wheat production for 2020/21 will reach 26.6Mt, up 11.5Mt on the year.
30 June 2020
UK feed barley prices could face further pressure in 2020/21 after data shows Canadian farmers have planted the most acres to barley since 2009.
26 June 2020
Although yields are uncertain, there will be another significant barley crop this year. Prices may see pressure later in harvest from the spring crop, and then may gain slightly as farmer selling slows.
24 June 2020
Top global grain supplier Russia are already proposing the imposition an export quota onto the second half (Jan -Jun) of the 2020/21 marketing year, although the volume has not been announced it has potential ramifications for global and UK prices.
23 June 2020
UK wheat could receive either a boost or come under additional pressure in the next few weeks from what happens to US maize crops as they’re now at a critical growth stage.
19 June 2020
Have you factored these risks into your marketing plan, cash flow and business plan for the next 2 seasons?
17 June 2020
Now that the latest WASDE report figures are known, it is important to examine the other factors that could provide sentiment for wheat markets between now and harvest.
16 June 2020
In response to the continued dry weather through May, the EU’s Crop Monitoring (MARS) service has further downgraded its forecasts for UK crop yields, including spring barley.
12 June 2020
US wheat markets fell to a 3-week low at close yesterday and imposed pressure on global and UK wheat markets to follow. Global wheat season-end stocks and US wheat production estimates were raised in the USDA’s world supply and demand estimates (WASDE) released yesterday.
10 June 2020
New crop delivered milling wheat premiums (North West) have recently extended to their widest point over new crop feed futures, in June, since 2011/12.