Contents tagged with Grain Market Daily
18 June 2021
Over the course of the past week, we have seen UK feed wheat futures track lower. Thursday to Thursday Nov-21 UK feed wheat futures were down £5.45/t, at £170.00/t. As has been the case for much of this season, with the UK being a large net importer of wheat, moves in the domestic market have taken their lead from the global market.
17 June 2021
Rapeseed prices could face pressure from higher palm oil and sunflower seed production later this year, with output of both set to rise in 2021/22.
16 June 2021
Black Sea maize is a common sight in UK import programmes, especially in tight supply seasons. With maize markets enjoying a high-price season, will this carry on to new-crop and reduce the pressure that more “typical” maize prices have had on feed markets?
15 June 2021
Over recent weeks and months, dry weather in the US has been causing new-crop supply concerns. Though recently, forecasts for cooler and wetter weather next week have been leading to price losses in global markets.
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11 June 2021
Yesterday saw the release of two key reports, both of which had the potential to cause increased volatility. In truth, neither report had much impact. The reports were the USDA world supply and demand estimates (WASDE) and the Brazilian crop production report from Conab.
9 June 2021
At the start of June, we find ourselves at a key point in the fertiliser market, with new season terms being released.
8 June 2021
Australian farmers could plant the largest area to canola (rapeseed) since 2017-18, according to the Australian government.
4 June 2021
Spring weather can indicate possible yields of our domestic wheat crop, which is expected to rebound for harvest 2021.
3 June 2021
The 2021/22 season crops are around three quarters of the way through their growing season. With this in mind, here are two reasons why now is an ideal time to budget.
2 June 2021
The latest USDA crop report was published yesterday. The report shows the condition of wheat and maize crops at 30 May. Maize crops overall in the US are considered to be in a very strong position, with 76% rated “good” or “excellent”. This is the strongest position for maize crops in week 21 (week ending 30 May 2021) since 2018.
28 May 2021
UK oat stocks are predicted to rise this season, which could combine with a larger crop in 2021/22.
27 May 2021
The latest UK cereal balance sheets have been published this morning. This further highlights what has been an incredibly tight season for wheat. With exports now estimated at 180Kt, a deficit in operating stocks of 302Kt is estimated.