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Contents tagged with Grain Market Daily
28 February 2023
On Thursday, new crop (Nov-23) UK feed wheat futures closed at a premium to old crop (May-23) futures for the first time.
24 February 2023
The agriculture policy environment is changing. As such, businesses will need to balance business profitability with environmental sustainability going forward.
23 February 2023
Today is the first day of the 99th USDA Agricultural Outlook Forum (AOF). As part of the AOF, earlier today the USDA released outlooks for the coming season, including projections for US wheat, maize and soyabean supply and demand for the 2023/24 season.
22 February 2023
UK feed wheat futures (May-23) have been feeling an element of support since the end of January. The contract reached £245.00/t on the 14 February and since then it has been pressured.
21 February 2023
Competitive supplies from Ukraine to Southern regions of Europe, combined with the impact of dry conditions at the end of last season (2021/22) have meant EU wheat import demand has been strong so far this season.
17 February 2023
Over the last few months, we have been discussing the weather in South America, which at times has been repetitive.
16 February 2023
While so far this season much of the focus has been on news surrounding the Black Sea region and Southern Hemisphere production, as we move through the rest of the marketing year, grain markets will turn their focus increasingly to the development of Northern Hemisphere crops.
15 February 2023
The war between Russia and Ukraine is intensifying, with a spring offensive expected in the coming weeks.
20 February 2023
UK natural gas prices have continued to decline over the past month. Nearby UK natural gas futures closed at 128.94p/therm yesterday, down 33.6p/therm from the same point in January and 64.08p/therm lower than the same point in 2022.
10 February 2023
Released this morning; the AHDB Agri Market Outlook for winter 2023. Over the last 12 months there has been some historically high agricultural commodity prices across the board, rising inline with input costs and also geo-political situations.
9 February 2023
Yesterday, the USDA’s latest monthly WASDE (World Agricultural Supply and Demand Estimates) report was released.
8 February 2023
So far this week, UK feed wheat futures have continued to be supported somewhat, with the May-23 contract closing up for the fourth consecutive session yesterday and the highest price in a month at £239.50/t.