Trading on May UK wheat contract picked up; The delay to Brexit saw Sterling fall; US wheat continued to experience selling pressure; New wheat crop prices under pressure across Europe; Soya bean markets slid throughout the week; China still the biggest market for US soya beans.
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The markets are in indecisive doldrums; Lack of direction politically; Wheat sales are low; Export activity being strong after a slow start; US China trade deal rumoured to be coming to a close; Soya market sees little change; African Swine Fever estimates in China increase; Easter is around the corner.
UK May 19 wheat futures and European wheat markets down; Talk of sanctions on Russia by the US government; Brexit key driver; Employment growth weak; US export sales report; Expectation of US/China deal. Humpty Dumpty - we all know he is an egg don’t we?!
Lack of clarity and direction. Brexit, US shutdown. UK and US Markets remain quiet and at low levels. Russian exports predicted to fall. Soya has a week of two halves with US and China discussions ongoing. Spinning ice has become a local attraction.
Wheat futures slowly trending upwards; News on Brexit awaits; Focus on Russia and politics to provide momentum; G-20 meeting positive steps for US/China trade;Argentina and Brazil export more soya bean despite positive discussion.
Very steady futures; Physical trade remains slow; Brexit centre of news; Snow has arrived in the US; US and China talks planned; Soya prices lifted; What is that fly doing in your beer?
Focus on May futures contract. Brexit continues to dominate minds. Currency volatile. World trade focused on Russia. Russian wheat planting at record levels. Daylight robbery of a different kind. What would the professionals make of it.
Currency effected by USDA and Brexit uncertainty. GBP showed strength. November wheat traded lower. Russian exports slowing month on month. Soya prices remain low. How to bake the perfect pizza!
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November wheat falls. Ensus to close bioethanol plant. Brexit adds to volatility. Positive weather forecasts for winter crops. Trade deals between China and Palestine.
Wheat futures remain a little lower. Currency weakness, Russian exports and changes in demand for US and other exporters cause for flattened markets given uncertainty. Soya prices rebound in wake of potential US/China trade deal.
Some volatility in wheat futures. All-time high for cereal usage. Sterling strengthened. Russian exports face uncertainty. Soya prices have lifted. Fancy a bath in your favourite tipple…
Small price drops were the story of the wheat week with news and events affecting global supply. Russian exports continue to run solidly. Soya remained low. Three brothers grimm hit the jackpot!
Wheat market moved by Russian supply and Vivergo biofuels plant closure. Soya continues to be volatile. Watch out for black holes…
Wheat futures experience volatility. Vivergo to shut down for maintenance. UK high prices are affecting demand. Brexit talks continue. Trade wars with USA, China and Russia. A multi-lingual parrot defies all help.