Contents tagged with Grain Market Daily
27 June 2023
With harvest 2023 fast approaching, inputs into 2024 harvest are starting to be procured and planting intentions finalised.
23 June 2023
There’s a good link between US crop conditions at silking (maize’s reproductive phase) and how the final yield compares to the long-term yield trend.
22 June 2023
Chicago soyabean futures (Nov-23) have seen consecutive daily gains since close on Friday 9 June. The contract has gained a total of 14% ($61.72/t) over this period, to yesterday’s close at $505.91/t. This is the highest point since 6 March. Last week especially, we saw the support from soyabean markets lead to rapeseed market gains too.
21 June 2023
Dry weather concerns across the globe and continued worries on whether the Black Sea Initiative (Ukrainian export corridor) will be extended. This is building some uncertainty into new season grain supply, supporting price levels.
20 June 2023
With inflation still historically high, interest rates are still on the rise. The market is pricing in further interest rate hikes in 2023, with some predicting that the Bank of England base rate could rise to 5.4% by the end of 2023, before slowly falling over the next five-years.
16 June 2023
Continuing worries about rising tensions in the Black Sea and the impact of dry weather in some of the key grain producing regions pushed prices up yesterday.
16 June 2023
With the second round of the Landscape Recovery scheme open for applications, how are farmers feeling about the major changes occurring in domestic agricultural policy, and what are their attitudes towards the scheme?
14 June 2023
The last few days have seen a rally in global grain markets. The destruction of the Kakhovka hydroelectric power plant dam and the shelling of the ammonia pipeline that transits Russian ammonia through Ukraine, have both contributed to concerns over the future of Ukrainian supplies.
14 June 2023
We are coming to the end of the data collection for the AHDB Planting & Variety Survey (PVS), which is set to close this coming Friday 16 June.
9 June 2023
Spot prices for UK produced Ammonium Nitrate (AN) averaged £390/t in May, down 11.2% from April, according to latest AHDB data.
9 June 2023
Worries about dry weather in the US Midwest, the US main maize and soyabean production area, helped prices to rise in the past week. But, for the impact on prices to be sustained, we need to see the worries continue.
7 June 2023
UK weather in spring can be an indicator for national wheat yields and at times people can reiterate that old farming adage of “wet and cold May plenty of corn and hay”.