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Contents tagged with Grain Market Daily
1 September 2021
The UK’s wheat harvest progress was pegged at 46%, in the week ending 24 August.
27 August 2021
Global wheat supply has seen some drastic cuts in recent forecasts. But there are also questions about the quality of the wheat, not just quantity.
25 August 2021
On Monday, the EU Commission released their August crop monitoring report. There were no huge changes visible in the yield forecasts from a month earlier. In most parts of the north-eastern and western Europe, adequate water availability and mild temperatures have improved the outlook for some crops.
24 August 2021
The world is relying on record South American maize and soyabean crops in 2021/22 to support global supplies. But, dry weather already poses a risk to these crops.
20 August 2021
UK barley production could be 7.04Mt this harvest and demand from both domestic animal feed rations and exports will mean prices must remain competitive.
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18 August 2021
The reduction in wheat in last week’s bullish USDA World Agricultural Supply and Demand Estimates (WASDE) report took the spotlight.
17 August 2021
Across parts of the UK new crop rapeseed planting is underway. Strong prices for new crop (Nov-22) rapeseed could well incentivise an increase in area, from the multiyear low seen for harvest 2021. Of course, much of the decision to plant rapeseed will be cost led, with the challenge of “managing” pests significant.
13 August 2021
The global outlook for 2021/22 is for reduced supplies, lower consumption, and smaller ending stocks than last month.
12 August 2021
Planting of winter crops for harvest 2022 is already underway, but higher costs of key inputs could challenge their margins.
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11 August 2021
UK delivered oilseed rape (OSR) prices have reached historic highs in recent weeks. Why is the price so high and will it continue?
10 August 2021
A key part of recent price support has been the unfavourable weather in the US and Canada. Hot and dry conditions across the high plains and parts of the Midwest have seen soil moisture plummet and crops suffer.
6 August 2021
Total barley usage for 2020/21 amounted to 1.71Mt. This was down 3.2% from 2019/20 and 8.3% below the 5-year average pre-Covid (2014/15-2018/19). At the end of 2020/21, usage looks to be near pre-Covid levels.