Eggstreme Easter Weather Delays Spring Plantings

The last seven days have brought a rather welcome turn around to the grain markets as both old and new crop values edge higher, reinstating the benchmark  £200/T ex-farm for spot collection feed wheat. As for new crop values, feed wheat for post-harvest / September collection would once again make £175/T ex-farm whilst November movement would offer £180+/T. Trade volumes for both of the above...
read more

Wheat exports at a 12 year low

Last week was another generally bearish week for the grain markets. Old crop post-USDA trading opened slightly lower last Monday Morning (11th March) and values continued to drift throughout the course of the week. As for new crop values, the London LIFFE November 2013 wheat future closed unchanged last week although we did see a slight mid-week price spike. The London LIFFE March 13 wheat future...
read more

Markets Bearish Following Release of Key Data

The last seven days have proved an interesting week for the grain markets. After a sustained period of absent market direction, the release of both this month’s global supply and demand estimates from the US Department of Agriculture (USDA) AND this season’s UK winter planting survey from the HGCA this week appears to have given the market at least some form of price direction. Last...
read more

New crop wheat at £180/T? Yes please!

Last week proved to be another non-mover for the grain markets. Old crop feed wheat values have remained around the £205/T ex-farm mark for spot collection, generally unchanged on the week previous, whilst new crop values are slightly firmer at around £180/T ex-farm for October/November collection. Regardless, trade volumes have been slightly better this week despite similar price levels. With...
read more