Thursday, 11 July 2019
UK feed wheat futures (Nov-19) tracked sideways yesterday, closing at £145.00/t, up £0.50/t. Yesterday was a day of minimal movement across global grain markets in anticipation of today’s WASDE.
The continued uncertainty regarding the US maize prospects and the impact of African Swine Fever in Chinese demand are two factors which will be closely watched.
#AHDBCropTour moves east
The AHDB Crop Tour moved east yesterday, visiting Simon Brock at Swanton Morley Farms near Dereham, Norfolk. We were also joined by Andrew Dewing from Dewing Grain for his take on markets and future threats to agriculture.
Later the tour moved onto Essex, visiting the NFU’s Tom Bradshaw at Fletchers Farm, Colchester. Stuart Attridge from Harlow Agricultural Merchants Ltd. also gave his take on markets, while NFU combinable crops advisor Chloe Lockhart provided an update on policy.
Wheat – Wheat was in general looking good. Initial disease pressure was low, however the needed June rainfall brought an increased pressure. Septoria has slightly curbed the high yield prospects, potentially lowering wheat yields by up to 0.5t/ha. Andrew’s take on markets...
Barley – With harvest underway, yields are good with big bold grains. Although rainfall would have been beneficial earlier in the year, yields have ranged from 7.5t/ha to over 9t/ha on heavier lands. Andrew’s take on markets...
Wheat – On heavier soils, the dry winter was an advantage, followed by generally favourable spring conditions. Again, the June rainfall was critical to yield prospects, with a reduced Fusarium disease pressure compared to some. Stuarts take on markets...
Break crop – Removing oilseed rape from his rotation, Tom has chosen beans instead, which were looking fantastic. However, Stuart from Harlow Ag, highlighted the continued need and desire for home grown oilseed rape where agronomic conditions allow.
Keep an eye out for #AHDBCropTour on social media.
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