14 October 2019

Further cuts to Australian wheat production, and increasingly poor outlooks for Southern Hemisphere production have been reducing the size of the forecast global surplus.

7 October 2019

While UK, European and Black Sea wheat supply is ample, outlooks for Southern Hemisphere production have been reducing the size of the forecast global surplus.

30 September 2019

UK and European wheat supply is plentiful which will likely keep prices pressured. However, rainfall affecting the US spring wheat harvest and dryness in Australia and Argentina could counter this.

23 September 2019

Delays to the spring wheat harvest in the US and Canada lent support to global wheat futures last week.

16 September 2019

Australian wheat production figures were cut 2MT to a 19.1MMT crop as drought conditions persist.

9 September 2019

UK wheat futures gained last week, against the pressure of a strengthening pound, gaining 0.6% against the euro and over 1% against the dollar.

2 September 2019

Global wheat prices have continued to fall in an increasingly well-supplied market.

27 August 2019

Global grain markets continue to have a bearish tone, in what remains a well-supplied outlook for 2019/20.

19 August 2019

The much awaited USDA WASDE and revisions to the maize planted area took markets by surprise.

12 August 2019

Global grain markets lacked clear direction last week in anticipation of today’s WASDE and much awaited update to the US planted area.

5 August 2019

US grain markets lost significant ground last week on the back of an improving weather outlook, significant strengthening of the US dollar and a worsening of the trade relationship between the US and China.

5 August 2019

Despite moving lower Friday-Friday, global grain markets were largely supported last week with cuts to global production grain supply and demand estimates.

1 August 2019

US benchmark grain futures (wheat and maize) fell last week, setting a bearish tone to markets. Managed money funds in Chicago wheat futures reduced their long positions, selling contracts.

27 July 2019

The US is forecast to be drier and hotter than normal leading to a more bullish, US centric, feel to markets in the short-term.

1 August 2019

Large global supplies and forecasts of good harvests are driving a marginally bearish feeling to the market at the moment. However, volatility from the maize market will drive daily movements.

1 August 2019

Chicago grain futures continued to fall week-on-week (21 June to 28 June). Maize dropped $8.66/t, on the back of the USDA acreage report released on Friday.