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?
Trading volumes are negligible. UK Supply is tight. May futures continue to follow the French Matif. Brexit adds to uncertainty. US cereals higher. Large US exports to China. Trade disputes now emerge between Canada and China. May soya bean trading lower. Nature inspires human design. The bullet train was no exception.
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…