Harvest now 70% complete; Yields 6-8% over the 5 year average; Brexit potential delays extend window of free access to EU; Wheat production estimate increased to 764 Mln T; Russian wheat crop healthy; Weak Sterling due to Brexit uncertainty; Prices driven by exchange rate and political story; China demand for soya predicted to grow and premiums paid remain, and Brazil increase in soya production to meet China demand with US trade war continuing to remain. Scientists have discovered a planet with a dramatic egg-shaped path of orbit. Read more...
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UK wheat spiked; Significant devaluation of sterling; No deal Brexit more likely; Old wheat crop below futures price; Potential early cereal exports this season; World wheat crop down 6 Mln T; Argentina could have record wheat harvest; Soya bean and meal price slightly down; Unknown size of 2019 soya crop;
Sterling 2 year low; No-deal Brexit more likely; Recession forecast worsens; Harvest 2019 mid flow; Good Barley yields; Russian crops affected by weather; Ukraine reports better yields; Protein content in Brazilian soya low; Chinese / US dramas continue; US Soya bean market pressured by weather, and Fancy a good read….
Lots of variation in wheat pricing; Wheat markets quiet with Independence Day; Overall positive new crop outlook across EU; UK barley crop harvest indicating positive yields; Spanish and Russian barley crop also looking positive; China demand driving Argentina soya prices; EU rape production significantly lower; When are a narwhal and a beluga not quite what they seem. When they are a belwhal. 50:50 DNA mix of the two. Find out more.
Currency continues to have major effect; Political instability from Brexit and internal political unrest; Wheat has traded in narrow range; Less French imports expected; US weather remains key driver; Midwest wettest 12 months on record; USDA report caused some volatility; Ongoing trade dispute between US and China; Maize prices strongly supported feeding through to Soya market; USDA downgrade estimates for soya acreage and yield. The ice cream vans are silent in New York
Sterling lower than since February; Firm bounce in new crop wheat prices; Maize planting delayed in US; Lack of clarity on US/China trade discussions; US farmers considering crop insurance pay-outs; Russia predicting good crop volumes; Germany crop predictions higher also; US Soya bean continues to fall due to delayed planting; China increase soya planting; US export below 5 year average whilst South America demand up on back of Trump trade war.
UK feed down over week; Possible renewed move lower; Forecasts of dry weather; Animal feed production down year on year for all species; Currency and Brexit linger as deadlines are extended; Trade deal with China and competition with Russia key factors in US wheat acres; Trade deal also affecting Soya market; How about a mini-me T-rex. Small does not mean gentle…
Currency remains low in wake of Brexit delay; Low trade volume of UK wheat; Technical selling is the only real activity in an otherwise very quiet market; Conditions in the US market remain positive; Wheat production forecasts are up globally although EU estimates remained stable; US set for huge end of year soya stock; African swine fever effect of reducing China's commodity requirement. Chariot racing was as integral to the Romans as Football is to many of us today.
Wheat futures end the week higher. Currency remains key volatility driver. Brexit deadlines draw ever nearer. Zero import tariffs announced. Russian and Ukranian wheat lowest prices seen. US China deal remains focus. Soya market showing little change. Winter flooding in US. Hens get their revenge.
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?!
Wheat futures remain steady whilst sterling weakened in face of Brexit. DEFRA data release. Brexit driving volatility. Russian exports declining. Little change in EU supply and demand. Drop in US maize use and winter wheat plantings. USDA report on soya. Do you fancy living living a fairytale life? It might still be possible…
UK market focus on Brexit. Currency down, wheat level. Russian wheat prices high. France win Egyptian tender. US China talks improve. Brazilian 50% production sold. How stressed is your life. It might not be a bad thing…
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.
Low UK trade volumes. Russian Egyptian tender offer. Brexit. US Government shutdown. US/China trade wars. Argentina soya increase. Brazil’s soya crop expectations lower. The link between higher belly fat and smaller brain size!
Slow trade in run up to Christmas with little activity. Low yields and Brexit uncertainty drive UK value. Russian supply rumours add to confusion. China and US political gaming drive Brazils good fortune. What would you do to protect your Christmas deliveries?