Contents tagged with Grain Market Daily
5 March 2021
In February, I examined the fall in crude oil values in 2020. This examined what this meant for red diesel prices for the rest of this season. But, since then Brent crude oil prices (nearby) now near 14 month highs.
4 March 2021
The latest cereal usage statistics were published today and show usage across all sectors for January 2021. The values published are not directly comparable with figures from January 2020. This is due to January 2020 being a five-week statistical month, whilst January 2021 is only a four-week month.
3 March 2021
As we look to 2021/22, we are set for a year of tight supply and demand in the UK. As we flagged with the release of the Balance Sheet, we are still set for a small deficit once 2020/21 exports are taken into account.
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2 March 2021
Last Friday, delivered rapeseed prices (May 21, Erith) were quoted at £429.50/t up £17.50/t on the week.
26 February 2021
New crop UK feed wheat futures are now pricing to limit exports in the 2021/22 season. This is because UK supply and demand could be tight again next season, unless we get bumper yields.
25 February 2021
Today, the government announced E10 fuel is to be available at petrol stations by September this year, as part of the governments aim to meet net zero emissions by 2050.
2 March 2021
The latest AHDB UK Cereal Supply and Demand Estimates have been published today. The estimates are based on data through to December and industry discussions. The balance sheet shows the deficit from November removed, with a surplus of 73Kt before exports are taken into account. Through to December the UK had exported 116.7Kt of wheat; adding this figure into the balance sheet leaves a 43.7Kt deficit.
23 February 2021
Attention turned towards the US soyabean and maize planting forecasts for harvest 2021 at the USDA Grain Market Outlook Conference last week.
19 February 2021
In the first half of this season (Jul-Dec) 275Kt of oats were milled in the UK, 3% more than in the same period in 2019/20.
18 February 2021
As we continue through our alternative crops week, it is important to look at how gross margins shape up both for spring crops for harvest 2021 and all crops for harvest 2022. Values for small area crops, such as soya and linseed, are included in these margins. It is important to note that the size of these markets may preclude higher margins, if there is a large increase in area.
17 February 2021
This week, our Grain Market Daily articles will look at alternative cropping options that can help provide returns for farm businesses. Yesterday was a look at pulses, whilst today will be alternative oilseeds, namely linseed and domestic soyabeans.
18 February 2021
As we move towards spring cropping and in line with the challenges posed by OSR, many people will be looking at alternative crop options in both winter and spring slots of the rotation. Today’s focus is on pulse markets, with beans a possible alternative crop in place of OSR.