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Contents tagged with Grain Market Daily
13 July 2021
As we hit January we are constantly reminded about the lengths people claim they will go to in order to become a “new me” These range from going to the gym more, attempting dry January and we can hardly ignore Veganuary.
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13 July 2021
Paris rapeseed futures (Feb-20) have been slowly rising over the past six weeks to close yesterday at a contract high of €416.50/t. This is the highest nearby price since March 2017.
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13 July 2021
Major US markets have all been under a degree of pressure in 2020 following the US air strike in Iraq early on Friday 3 January.
13 July 2021
UK feed wheat futures (May-20) closed yesterday at £153.50/t, gaining £1.00/t into the new year. Furthermore, Nov-20 contract closed at £163.25/t, gaining £1.30/t.
13 July 2021
The average price for December 2019 was £143.12/t, which is 17% below the December 2018 price of £173.15/t.
13 July 2021
Looking forward into the new year, an important focus for new crop prospects will be weather related news and its effect on crop conditions.
13 July 2021
The latest 2019/20 EU supply and demand estimates have further raised wheat and barley production estimates.
13 July 2021
This morning Defra released the final estimates of 2019 production, including regional results. On a UK scale the results are largely unchanged versus the previous release in October.
13 July 2021
As at 16 December, the EU had imported 3.4Mt of rapeseed, 57% of estimated imports this season.
13 July 2021
A combination of a softening in China - US trade relations and a slight weakening of the pound has lent support to domestic markets.
13 July 2021
This season, UK rapeseed production has fallen to its lowest level since 2004, at 1.75Mt. Furthermore, EU production also hit fresh lows and new crop prospects in both the UK and the EU look limited. With that in mind we may have expected domestic rapeseed prices to be showing more support than they presently are.
13 July 2021
Yesterday evening the USDA released the December issue of the WASDE report. Also, UK export trade data for October was released.