Contents tagged with Grain Market Daily

5 July 2023

So, what can we expect as we head to the renewal date on 17 July?

4 July 2023

US winter wheat harvest is progressing, and spring crops are in their key growth stage across the Midwest. As a result, weather in the US remains a key driver in global grain and oilseed price direction at the moment.

30 June 2023

While EU wheat stocks are expected to remain relatively high next season, the outlook for barley looks to be tightening. With the EU barley harvest now well underway, what can we expect from the 2023 crop?

30 June 2023

In May total GB animal feed and integrated poultry unit (IPU) feed production was only 0.5% below May 2022 at 992 Kt due to higher ruminant feed output.

28 June 2023

Last week, Defra announced that the Sustainable Farming Incentive (SFI) 2023 will be launched in August. The SFI scheme has been updated to provide farmers with more flexibility and make the process more streamlined.

27 June 2023

With harvest 2023 fast approaching, inputs into 2024 harvest are starting to be procured and planting intentions finalised.

23 June 2023

There’s a good link between US crop conditions at silking (maize’s reproductive phase) and how the final yield compares to the long-term yield trend.

22 June 2023

Chicago soyabean futures (Nov-23) have seen consecutive daily gains since close on Friday 9 June. The contract has gained a total of 14% ($61.72/t) over this period, to yesterday’s close at $505.91/t. This is the highest point since 6 March. Last week especially, we saw the support from soyabean markets lead to rapeseed market gains too.

21 June 2023

Dry weather concerns across the globe and continued worries on whether the Black Sea Initiative (Ukrainian export corridor) will be extended. This is building some uncertainty into new season grain supply, supporting price levels.

20 June 2023

With inflation still historically high, interest rates are still on the rise. The market is pricing in further interest rate hikes in 2023, with some predicting that the Bank of England base rate could rise to 5.4% by the end of 2023, before slowly falling over the next five-years.

16 June 2023

Continuing worries about rising tensions in the Black Sea and the impact of dry weather in some of the key grain producing regions pushed prices up yesterday.

16 June 2023

With the second round of the Landscape Recovery scheme open for applications, how are farmers feeling about the major changes occurring in domestic agricultural policy, and what are their attitudes towards the scheme?

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