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Contents tagged with Grain Market Daily
7 June 2023
Carbon insetting and offsetting are two ways for companies to reduce their carbon emissions and help the UK reach net zero. So how do they differ?
2 June 2023
Earlier today, we released our latest GB crop development report, using data as at the week ending Tuesday 30 May.
1 June 2023
In AHDB’s latest supply and demand estimates released last Thursday, barley exports for the 2022/23 season are pegged at 1.15 Mt, up 50% on the year.
30 May 2023
On 25 May, Defra released the 2022 total income from farming in the UK (TIFF) numbers, as well as the total factor productivity of the agricultural industry. The release stated the UK TIFF in 2022 was pegged at £7.9 billion. This is an increase of 16.6% (£1.1 billion) from 2021 mainly due to higher commodity prices boosting output.
24 May 2023
Yesterday, Paris rapeseed futures (Nov-23) closed at £351.23/t, with the respective contract down 10.5% (in sterling terms) across the month so far.
23 May 2023
Newly released reports show continuing good crop conditions in much of Europe but poorer prospects in Spain, Portugal, and parts of North Africa.
19 May 2023
A recent report, published by the AHDB, provides an insightful evidence-based appraisal on opportunities and risks of the UK joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). An agreement for the UK to join the CPTPP was reached in March 2023.
18 May 2023
Spot prices for UK produced Ammonium Nitrate (AN) averaged £439/t in April, down 5% from March, according to latest AHDB data.
17 May 2023
There is now just one day to go before the expiry of the Black Sea Initiative (Ukraine export corridor deal), and as of yet (1pm) a further extension of the deal has not been agreed.
16 May 2023
For the past two years, rapeseed prices have seen significant support in comparison to historic averages.
12 May 2023
Tonight (at 5pm) the market expects the USDA to forecast high global supplies of both maize and soybeans, with further stock build up in 2023-24.
11 May 2023
Following their peak around this time last season, while volatile, global wheat markets have largely been in decline. Domestic wheat prices have closely tracked global market movements, and UK feed wheat futures are now back at pre-war levels. However, domestic milling wheat prices have not fallen at the same rate, and premiums remain firm.