Contents tagged with Grain Market Daily

21 July 2021

Last Wednesday, we saw Chicago maize futures (Dec-21) ‘limit up’ in reaction to the USDA’S US stocks figures and US acreage reports. This was because the released figures came out below trade expectations.

13 July 2021

In May, barley was in demand by both animal feed compounders and the human and industrial sectors.

7 March 2024

For much of the recent fall in prices, the potential for some more volatility on 30 June has been a key point to watch. In that regard, yesterday did not disappoint.

13 July 2021

Weather conditions in the next few weeks will contribute considerably to sentiment for rapeseed prices, especially with harvest imminent for European countries.

21 July 2021

The UK milling wheat market is historically dependent on imports of high protein wheat. Over the past five seasons, the UK has imported an average of 371Kt of wheat from Canada each period. While trade statistics do not go to the detail of protein, we know anecdotally that these will be primarily high protein grades for the milling industry.

13 July 2021

The International Grains Council (IGC) increased its forecast for global grain supply in 2021/22 by 9.0Mt, pointing to the first surplus since 2016/17.

13 July 2021

Oilseed rape (OSR) production in the UK in 2020 reached just 1.04Mt. This was the lowest production this century.

13 July 2021

Alongside the fundamental drivers in markets over recent months driving prices higher, funds have also played a pivotal role. At their peak, managed money funds in corn and soyabeans reached their largest long position since December 2012 and March 2018, respectively.

21 July 2021

As we close in on the new season, supply concerns have been easing as global weather improved.

13 July 2021

Over the course of the past week, we have seen UK feed wheat futures track lower. Thursday to Thursday Nov-21 UK feed wheat futures were down £5.45/t, at £170.00/t. As has been the case for much of this season, with the UK being a large net importer of wheat, moves in the domestic market have taken their lead from the global market.

13 July 2021

Rapeseed prices could face pressure from higher palm oil and sunflower seed production later this year, with output of both set to rise in 2021/22.

13 July 2021

Black Sea maize is a common sight in UK import programmes, especially in tight supply seasons. With maize markets enjoying a high-price season, will this carry on to new-crop and reduce the pressure that more “typical” maize prices have had on feed markets?

×