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Contents tagged with Grain Market Daily
28 February 2022
Grain and oilseed markets saw support yesterday, from rising Russian-Ukrainian tensions. World leaders reacted to Russia’s recognition of the separatist held areas of Donetsk and Luhansk in Eastern Ukraine.
1 March 2022
News of Russian troops moving into separatist areas of Ukraine will dominate trading direction today.
28 February 2022
UK feed wheat futures followed global wheat futures up yesterday. Chicago wheat (Dec-22) climbed $6.98/t, to close at $296.49/t. Price drivers come from tensions between Russia and Ukraine, and expectation that wheat demand could shift to US origin.
16 February 2022
2021/22 is seeing a consecutive La Niña weather event in the South Pacific. This hasn’t been experienced since 2010-2012.
15 February 2022
The 2021/22 oat market looks well supplied following the biggest crop since 1972. But, the export pace is key to minimising carryout stocks to avoid a hangover into 2022.
11 February 2022
The global wheat supply and demand picture remains tight for 2021/22.
9 February 2022
Some market drivers over the last month have been due to South American weather.
8 February 2022
With focus on reduced South American supplies, expectation is for increased US demand as a result. China is the world’s largest soyabean importer, with primary use to crush and feed their pig herd. For 2021/22 marketing year, Chinese soyabean imports are forecast at 100.0Mt (USDA).
4 February 2022
Yesterday, the euro gained considerable strength against the US dollar, with a recorded close of €1=$1.1438 (Refinitiv). This was a rise of 1.2% from the previous day.
2 February 2022
Oilseed rape (OSR) prices have reached historic highs this marketing year (2021/22). With stocks reduced and markets volatile focus turns to new crop.
1 February 2022
Yesterday, two private forecasters sharply cut their estimates of Brazilian soyabean production, which could have implications for rapeseed markets.
28 January 2022
Yesterday, the Indonesian government announced plans to curb the exports of palm oil. This move would see 20% of the vegetable oil mandated to be sold domestically, thereby limiting volumes available to global markets.