Wheat continues to drift downwards, having lost nearly £10 in the last 2 weeks; China added tariffs to $75bn worth on more US origin goods, which caused a flurry of activity in the last half of Friday; AHDB estimated that UK winter barley is 98% complete with production up between 17-20%, rapeseed at 95% complete but with the smallest crop since 2004-05…
Filtered by subject: Tariffs
Devaluation of GBP continues; Currency having an effect on agri markets; Approx £45 price difference year on year for November futures; Barley market concerns due to no-deal Brexit; US/China trade talks lead to lower US wheat prices; China threat to retaliate against US tariffs; Global wheat futures look good; Ukrainian winter yields high; Soya bean market continues to feel pressure; Potential for UK soya prices to rise; What links farming and vampires? Well hopefully not too much these days…
Brexit plays politics with UK markets; US weather remains a big focus with heavy rains predicted; No end in sight for US/China trade deals; US farmer confidence low; Russian story is looking bright; EU crop remains promising with good balance of rain and sunshine; Soya bean market dropping fast; China reducing demand for soya; Ancient Bronze age birdman discovered in 5000 year old grave.
USDA report looked over the markets; Very little trade volumes over week; USDA report had no impact on climate or volumes; US and China trade talks failed to bring results; Maize and wheat prices fell; Soya bean prices low due to tariffs imposed on China by USA; African Swine fever described as game changer by USDA; Dead as a dodo... not any longer... the rail has come back from the dead.
Currency remains range bound; UK, Europe and US markets trend downwards; French production forecast down; US China lack of deal pushes markets lower; The lack of trade deal also puts pressure on soya prices; Exports to China pushed figures a little higher; Insect control can become hot topic in warmer months. You might want to consider playing some particular music?!
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.
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?
Wheat futures continue upwards trend; Brexit dominates the UK news; Currency volatility; Russia exporting more year on year; Russian future supply concerns; US soya deals with China begin; Will you be buying a Robot for Christmas?
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.
The rise in the price of UK November wheat futures has slowed. Wheat imports are at their highest. All eyes are on the USDA report. Soya bean trade has continued to slow.
UK Wheat futures continue to rise. Drought affects yields and supply globally. Tariffs continue to change the market dynamics. Did the original Iceman have a handle on his diet… it would seem so.
Wheat prices continue to rise with the effect of droughts creating supply pressure. Sterling has improved against the Euro. Soya prices remain stable with European demand strong. Finder keepers, but not always winners!
Wheat futures ended the week at £175. Farmers are not wanting to over sell. Quality is good, but yields are low. Soya price make steady gains. Fancy an ice cream sundae? At times they may be more expensive than you would expect!
Highs and lows as wheat is driven by currency, Brexit and Trump. Lower wheat crop yields, lower soya crops, China tariffs and weird ground drawings.
This week the US celebrated the 4th July, Independence (from the UK) Day, the same week that our Prime Minister was trying to reach consensus to agree on the UK’s independence from the EU.