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Contents tagged with Grain Market Daily
26 September 2023
Nearby Brent crude oil futures have risen 25% since the end of June. Supporting prices on the Brent crude oil contract has been the improved economic outlook with inflation easing, as well as the tightening of oil supply and demand on the global market.
21 September 2023
Harvest 2023 could be described as somewhat challenging (to say the least). The weather this year led to an (im)perfect storm.
20 September 2023
Nitrogen fertiliser prices in GB rose in August 2023, as natural gas prices firmed.
15 September 2023
Recent hot and dry weather spells for many regions have provided good windows of opportunity for harvesting in the past two weeks. The latest AHDB report was released today, using data to week ending 12 September, showing both the GB winter barley and winter oilseed rape harvests as now complete, with winter wheat harvest 99% complete.
15 September 2023
The 2023/24 UK export campaign got off to a slower start than last year for wheat, barley and oats, data from HMRC shows.
13 September 2023
Yesterday the USDA released its latest World Agricultural Supply and Demand Estimates (WASDE).
13 September 2023
Due to declining conditions of the US soyabean and maize crops, markets are expecting downward revisions in the latest update. So, what exactly can we expect?
8 September 2023
UK feed wheat futures (Nov-23) have seen steadier price movements in recent weeks, trading in and around the £185.00/t mark with small movements continuing to follow global markets.
8 September 2023
Last season (2022/23) the UK exported 1.48 Mt of wheat (incl. durum), and 1.10 Mt of barley to the EU. For wheat, this was the highest volume of wheat exported to the EU since 2015/16 and made up for 94% of total wheat exports.
7 September 2023
US spring crops are approaching maturity for harvest to begin over the next month. Recent hot temperatures over the past few weeks look to have impacted the condition of both US maize and soyabean crops.
5 September 2023
Australia’s wheat crop will be smaller than forecast in June according to the Australian government, and there is more dry weather ahead.
1 September 2023
Drier weather over the past two weeks allowed the GB harvest to make good progress, but there's some variability in quality including Hagberg Falling Numbers and germination levels.