Contents tagged with Grain Market Daily

21 January 2022

The Chicago May-22 soyabean contract had its biggest jump of the season yesterday, up $12.40/t to $527.04/t (£387.05/t), boosting rapeseed prices.

19 January 2022

Last week saw the release of updated GB animal feed production numbers (to Nov-21). Focusing on the four main cereals, (wheat, barley, oats, and maize) animal feed usage season to date (Jul-Nov) is up 2% year-on-year at 2.16Mt.

18 January 2022

After the USDA world agricultural supply and demand estimates (WASDE) released last week, the global soyabean balance looks very tight. This tight picture can be expected to support the wider oilseed complex, including rapeseed prices, this season.

14 January 2022

The UK exported 52Kt of barley in November, down from 62Kt in October and the smallest monthly volume since July. If the export pace remains relatively sluggish, more barley will be available for domestic use or may be held in stocks at the end of the season.

12 January 2022

South American weather concerns have been supporting Chicago maize prices over the past few weeks. On 27 December, the May-22 futures reached $242.81/t, the highest price since June 2021 on this contract.

11 January 2022

As it’s been mentioned before, for the rest of this marketing year the global rapeseed market is extremely tight. Nearby Paris rapeseed futures closed yesterday at around £675/t .

7 January 2022

With the introduction of mandated E10 fuel in the UK since last September and the expected re-opening of the Vivergo bio-ethanol plant at the start of 2022, we need to consider the implications on regional wheat prices in the North East.

5 January 2022

Nearby UK feed wheat futures prices are higher than the same time last year. This is on the back of tighter global stock-to-use.

23 December 2021

There’s an uncertain outlook as we approach the halfway point of the 2021/22 marketing season, as COVID and South American weather influence sentiment.

5 January 2022

As always at this time of year, weather will continue to aid sentiment in markets.

21 December 2021

HMRC have released their latest trade data to October. These figures show UK wheat imports (inc. durum) continuing to slow.

17 December 2021

The Early Bird Survey of planting intentions demonstrates a strong continuation of winter cropping for harvest 2022.