Cereals & Oilseeds

25 April 2023

At 10:30am today, our team of market exports will be going live for our 2022 Spring Grain market Outlook webinar.

24 April 2023

Global grain markets closed down last week, pressured by favourable weather for US maize planting and resumed Ukrainian grain exports. Domestic futures movements followed global movements down.

21 April 2023

For the last three years we have constantly been writing about the La Niña weather event in the South Pacific, and notably how this impacts South America and Australia.

3 May 2024

We compared the UK’s relative cost of production for various agri-food products with key competitors, using data from agri benchmark, unless otherwise stated.

20 April 2023

With the outbreak of war in Ukraine, movement of cereals and oilseeds from Ukraine changed. Eastern European countries become transit routes for Ukrainian grain that could not be shipped from Black Sea ports. Bottlenecks experienced in moving this grain has meant lots of grain has stayed in countries bordering Ukraine, pressuring grain prices for local farmers.

19 April 2023

On top of concerns regarding the future of the export corridor deal in Ukraine, a key driver of global wheat markets this week has been reports of poor US winter crop conditions, with an ongoing drought in some key producing regions.

19 April 2023

Farmers have given teachers a deeper understanding of food production

18 April 2023

In March, UK produced ammonium nitrate (AN) (34.5% N) for spot delivery averaged £465/t, according to the latest AHDB GB fertiliser prices. March’s average is down £166/t on the month and £374/t lower than levels recorded in March 2022. That said, the latest price remains £181/t higher than levels recorded in in March 2021 – pre-war times.

18 April 2023

Last week, global wheat contracts saw mixed price action. Chicago wheat (May-23) gained on the week, supported by US wheat crop concerns, uncertainty surrounding the Black Sea Initiative (Ukrainian grain corridor) continuity, as well as some support from Chicago maize on Friday.

14 April 2023

Yesterday, HMRC published the latest UK trade data figures, with an update for grain imports and exports up to the end of February. As is well known, due to a large surplus of domestic feed wheat this season, the pace of wheat exports has been strong over the last few months.

14 April 2023

Recently, Defra released updates on how they plan to support farmers and land managers in confidently accessing private sector payments alongside public payments (e.g., the Environmental Land Management scheme), for providing environmental benefits in England.

14 April 2023

UK winter rainfall has generally been above average

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