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Contents tagged with Grain Market Daily
5 May 2020
Planting of maize and soyabean crops in the US is ahead of the average pace of the past five years and the fastest since 2016, pressuring global prices.
1 May 2020
With nearby US maize prices touching a significant resistance point of $3/bushel, are there sufficient additional factors to drag US maize lower?
30 April 2020
Ethanol demand shifts have been a major focus of global grain markets, the continued reduction in US ethanol output has resulted in a large decline to maize prices. What has been mentioned less is the impact on UK ethanol production.
30 April 2020
In unprecedented circumstances, it becomes increasingly important to draw out the implication of coronavirus for the UK market. One of the biggest talking points from a domestic consumer perspective has been the lack of flour on supermarket shelves. It is all too easy to assume that demand for wheat from the human and industrial (H&I) sectors is on the rise.
29 April 2020
Following a run of declines across the oilseed sector, there could be some short-term support for OSR prices on the horizon, stemming from improved crude and vegetable oil prices.
29 April 2020
Rain is forecast across much of Europe in the coming days and the latest European crop monitoring (MARS) report shows how needed it is, especially for spring crops.
24 April 2020
To my mind there are four global weather situations playing out at the moment and a further one that is very much worth keeping an eye on.
16 June 2020
During March, soya meal markets recorded elevated levels of support in the face of coronavirus. Global demand for feed increased, while global availability fell. Countries that had first entered lock-downs experienced large-scale logistical disruptions. Recently, with global soya supply at a high, soya meal prices have since retraced back to pre-March levels. This has provided some respite for the UK livestock industry, which makes use of imports for protein feed sources.
21 April 2020
In 2019/20 the UK produced its largest oat crop of the 21st century, at 1.08Mt, a record that could seemingly be broken this season. A torrid winter for many has seen expectations of spring plantings increase exponentially. For oats the February re-run of the early bird survey suggested that oat plantings in the UK could reach as much as 229Kha, the largest area planted to the crop since 1976.
21 April 2020
For the first time in history yesterday we saw the price of US oil turn negative. Meaning that oil producers were paying buyers to take the commodity away, as there were fears over storage capacity could run out.
 (credit Gary Naylor photography)-1.jpg?v=637780261360000000)
17 April 2020
French crop conditions have declined over the past week as rainfall in the country remains below average.
16 April 2020
The coronavirus pandemic is resulting in a great many unknowns. One of these is the extent of the economic damage on global markets, as it becomes increasingly likely that many countries will face some degree of recession. As countries across the world enter multiple-week shut-downs, ensuring food supply has become a necessity. Last week, Romania announced it was stopping its wheat exports to non-EU countries.