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Contents tagged with Grain Market Daily
3 November 2023
New crop (Nov-24) UK feed wheat futures have risen £4.90/t since Friday 20 October, closing at £208.00/t yesterday.
6 November 2023
As discussed in a previous analysis, malting barley premiums remain historically high at the moment. As at 12 October, the gap between the UK average spot ex-farm price for premium malting barley and feed barley was £71.20/t.
1 November 2023
For most parts of Europe, winter cereal drilling is progressing well, according to the European Commission’s latest crop monitoring report. This is despite a later start, as delayed crop harvesting wrapped up.
31 October 2023
As US harvests are progressing quickly, focus for plugging the supply gap turns to South America for the start of 2024.
27 October 2023
Results from the Cereal Quality Survey confirm lower quality for both wheat and barley from the 2023 harvest, including specific weights.
26 October 2023
UK feed wheat futures (Nov-23) have been pressured so far this week, closing yesterday at £184.80/t.
25 October 2023
Longer-term outlooks for oilseed markets have been marginally bearish. This is on the expectations of large South American soyabean crops coming to the global market at the start of 2024.
6 November 2023
Fertiliser prices have seen little change from the last fertiliser update, though remain historically high for this point in the season.
20 October 2023
The 2023 UK oat crop is provisionally the smallest since 2016. Provisional data from Defra (for England) and the Scottish government, plus estimates for Wales and Northern Ireland point to the 2023 crop totalling 841 Kt.
19 October 2023
The 2023/24 AHDB Early Balance Sheet estimates of wheat and barley were released on Tuesday. In the estimates, wheat usage in animal feed production was forecast up 3% on the year, at 7.119 Mt.
19 October 2023
Since 2019/20, the UK has been a net-importer of oilseed rape (OSR), with imports ramping up as production has gradually reduced.
17 October 2023
Today, AHDB published the 2023/24 Early Balance Sheets for wheat and barley, which provide a first look at supply and demand for the season ahead.