Contents tagged with Grain Market Daily

13 July 2021

Since the release of last week’s USDA world supply and demand estimates, both old and new crop global grain markets have lost a lot of ground. Part of this drop has been driven by larger than expected estimates for both old and new crop maize.

13 July 2021

Weather and crop conditions continue to drive day-to-day movements in grain markets.

13 July 2021

Grain and oilseed futures prices fell yesterday, as speculative traders continue to book profits after Wednesday's USDA report.

13 July 2021

Delivered rapeseed prices recorded by AHDB have been reaching record levels over the past month. The previous record high new crop (Erith, November delivery) price was reached in June 2011, at £438.50/t. On Friday, we recorded Erith (Nov-21) at £477.00/t, surpassing the 2011 high by £38.50/t.

13 July 2021

Over the past few weeks, we’ve talked a lot about the impact of the current weather led support on new crop prices. Even with yesterday’s drop, Nov-21 feed wheat futures remain more than £40.00/t ahead of the average of the last five November contracts, at this point in the season.

13 July 2021

As we’ve highlighted for some time now, concerns around the condition of the new crop globally are continuing to support prices.

13 July 2021

Whilst it remains to be seen if globally we are in a super-cycle for commodities (a multi-year period of growth) we cannot ignore the transformation that commodity markets have undergone since the start of the Covid-19 pandemic.

13 July 2021

Last week, the International Grains Council (IGC) released their latest global supply and demand forecasts.

13 July 2021

The global weather market pushed the UK November futures contract to its highest point in ten years, for this week of the year. How can we take advantage of this rally?

13 July 2021

The delay in planting the 2021 US maize crop is part of the reason US maize, and so UK wheat, prices have been rising.

13 July 2021

As markets are in the midst of being very reactive to weather, crop area data can also drive prices for the 2021/22 marketing year.

13 July 2021

As we have reported over the past few weeks, cold and dry weather has been causing concern for new-crop grains supply, fuelling the current rally.

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