Contents tagged with Analyst Insight
3 October 2023
Speculative traders hold large net-short positions in Chicago wheat and maize futures, which can be seen as anticipating a bearish outlook for wheat and maize prices.
21 September 2023
Earlier today, the final balance sheets for the 2022/23 season were published. After the full season official statistics were taken into account, residuals have been identified for wheat and maize, while a deficit for barley has been identified.
4 August 2023
While harvest 2023 is underway, it has been hindered in most regions by wet weather, with progress falling behind the previous five-year average.
10 May 2024
With harvest 2023 started for many, knowing your cost of production per tonne by crop type, is a great opportunity to manage risk and form/manage a marketing strategy for your 2023 crops.
22 June 2023
Chicago soyabean futures (Nov-23) have seen consecutive daily gains since close on Friday 9 June. The contract has gained a total of 14% ($61.72/t) over this period, to yesterday’s close at $505.91/t. This is the highest point since 6 March. Last week especially, we saw the support from soyabean markets lead to rapeseed market gains too.
9 June 2023
Worries about dry weather in the US Midwest, the US main maize and soyabean production area, helped prices to rise in the past week. But, for the impact on prices to be sustained, we need to see the worries continue.
1 June 2023
We’ve talked a lot recently about pressure in rapeseed markets, with a bearish outlook for the future.
30 May 2023
Earlier today, AHDB published the latest UK supply and demand estimates for wheat, barley, maize and oats for the 2022/23 season.
23 March 2023
The question at the forefront of most peoples minds at the moment is how low could wheat go? May-23 UK feed wheat futures fell for the sixth consecutive session yesterday to close at £194.00/t, down £5.75/t from Tuesday’s close. New crop futures (Nov-23) also closed down £3.55/t yesterday, settling at £209.00/t.
20 February 2024
Quarterly GB milk production forecast
9 March 2023
This morning, Defra and the Rural Payments Agency (RPA) released the total area of land claimed under the Basic Payment Scheme (BPS) for 2022 in England.
20 February 2024
Summary of Milk Forecasting Forum discussion March 2023