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: Wheat
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…
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
UK wheat risen steeply over last couple of weeks; Theresa May announcing resignation caused steep weakening of sterling against Euro and dollar; Weather in Midwest US has been wettest on record; Global grain followed US maize upward; Indications positive for wheat crops in Russia, Europe and UK; President Trump fuels trade disruption with 5% tariff against Mexico Exports; North Korea confirm outbreak of African swine fever near border with China
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.
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.
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…
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.
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.
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?!
Currency has been volatile due to Brexit; Low trade quantities in wheat; High projected new crop numbers; Maize price declined on release of USDA report; Soya also dipped on USDA figures for corn; Positive expectation for US / China trade deal. Who is free for a long nap followed by pancakes at the end of this year?
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?!
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…