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Contents tagged with Grain Market Daily
13 July 2021
In December 2020, the usage by the UK milling industry was 18.6% lower on the year at 454.0Kt.
13 July 2021
Chinese demand is continuing to support feed grain prices. As China rebuilds their pig herd, feed demand for 2020/21 is seen to increase by 15.6Mt from 2019/20.
13 July 2021
Crude oil prices fell in 2020, hit by the large drop in demand caused by the coronavirus pandemic. We began to see declines to red diesel prices in February 2020, as news of coronavirus outbreaks developed.
13 July 2021
Chinese maize imports in 2020 reached record levels at 11.3Mt. This was more than double levels seen in 2019 and well above their annual quota, which had been set at 7.2Mt.
13 July 2021
The positions held by managed money in Chicago maize and soyabean futures could exacerbate the declines if prices fall again. Any fall in the US markets could drag UK grain and rapeseed prices lower.
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13 July 2021
After a breather last week, and early this week, global grain markets have made further gains. In early trade today, Chicago maize prices (May-21) moved back up to a near contract high. The latest move has been sparked by fresh purchases as China were seen to buy 1.36Mt in the latest USDA flash sales report.
13 July 2021
Current weather in Europe can drive the continental market, which will drive our domestic price. If growing conditions fare well over spring, the UK will likely need to export wheat next season
20 October 2023
Global grain prices have seen some substantial recent gains. Global maize supply and demand is one of the key drivers holding UK wheat prices high.
13 July 2021
Our domestic market trades at import parity this season, so your ex-farm values is sensitive to global fundamentals.
13 July 2021
The feed barley discount to feed wheat has been gradually increasing throughout the season, as wheat prices have rallied.
13 July 2021
Wheat futures prices jumped up again yesterday after the confirmation of higher Russian export taxes on Friday. But, could export curbs be implemented by more counties?
13 July 2021
There has been a surge in support for agricultural commodities. Chicago wheat, soyabeans and maize futures contracts have gained exponentially since the start of June 2020.