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Contents tagged with Grain Market Daily
26 August 2022
Harvest 2022 is now in the closing stages in most regions, with 95% of the total GB harvest complete as at 23 August. This pace exceeds the five-year average of 69% complete by this point in the season (week 7) and is slightly ahead of 2018 which was 85% complete by week 7.
24 August 2022
As natural gas prices have been rising significantly again over the past month, fertiliser prices are likely to remain well above year earlier levels in at least the short to mid-term.
23 August 2022
Continued hot and dry conditions across the EU, has led to yield outlooks for 2022/23 summer crops being cut further by the European Commission (EC) in its latest crop monitoring report (MARS) released yesterday.
19 August 2022
Harvest 2022 has continued at a rapid pace and is nearing completion, with 89% of the GB harvest complete as at 16 August. The five-year average for harvest progress by this point in the season (week 6) is 52%.
18 August 2022
This week we have seen UK feed wheat futures slip, following the sentiment of wider global markets. Improved weather prospects in the US, more exports from Ukraine, an even bigger Russian wheat crop and Chinese demand concerns have all pressured markets.
17 August 2022
On Friday, the latest HMRC UK trade data was published, giving us a clear outlook on last season’s grain imports and exports. With tight global grain supply and demand, how does the domestic market compare?
16 August 2022
As mentioned in yesterday’s Market Report, on Friday, in its latest World Agricultural Supply and Demand Estimates (WASDE), the USDA trimmed global maize production for 2022/23 by 6.3Mt from July's estimate, to 1,179.6Mt. This is on account of smaller EU and US crops, despite larger Ukrainian and Russian crops forecasted month-on-month.
12 August 2022
This year’s harvest progress is excellent so far, with 63% of the total GB harvest complete, far exceeding the five-year average.
11 August 2022
Today’s grain market daily is a Digital Grain Passport update. This project is facilitated by the AHDB and aims to digitise the current paper passport that is used by growers, hauliers, processors and merchants.
10 August 2022
UK feed wheat futures continue to move sideways this week.
9 August 2022
Last Thursday, the Bank of England (BoE) raised interest rates by 0.5% to 1.75%, the highest level since the start of 2009.
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5 August 2022
This is the second harvest report of the 2022/23 season and covers the beginning of harvest up to 02 August 2022. This report uses data from all 10 reporting regions. Harvest is nearly complete for winter barley and winter oilseed rape (WOSR) giving confidence in the data presented.