Price Rally Halts as Market Declines

Posted by on Oct 31, 2013 in AGM News | 0 comments UK feed wheat values are generally unchanged (if not slightly lower) to the week previous as the recent price rally grinds to a halt. Feed wheat for spot collection has advanced to little more than £165/T ex-farm throughout the course of the last three weeks – a value we haven’t seen available for spot since late June. A lack of American input (particularly in the form of the absent...
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Feed wheat hits £165/T

Posted by on Oct 21, 2013 in AGM News | 0 comments The London LIFFE wheat future for November 2013 closed at £166.60/T on Friday (19th October) – £3.60/T higher than the week previous. However by close of trade on Thursday (18th), markets were unchanged on the week previous – the £3.60/T was added entirely throughout the course of trading on the Friday. According to the HGCA, this is the ‘highest daily gain’ for London wheat...
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Whilst the Americans are away…

Posted by on Oct 8, 2013 in AGM News | 0 comments Markets have continued to edge higher over the last seven days as feed wheat for November approaches the £160/T ex-farm mark. Movement further forward into the New Year is also marginally improved with movement into next spring somewhere around the £165/T ex-farm position. Last week’s temporary shutdown of the USA government brought some serious volatility to the market place as trading...
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Spring Malting Barley Contract for Harvest 2014

Posted by on Oct 1, 2013 in AGM News | 0 comments Movement – Harvest 2014, Nov/Dec 2014, Jan/Feb 2015. Final ex-farm value is a premium over a base feed wheat value.   The Base Feed Wheat Value is an average of the London LIFFE wheat:   Harvest 2014 Movement  –  Nov wheat + £20.00/T ( Nov wheat averaged on 15th of Nov 13, Jan 14, March 14, May 14, July 14, Sept 14)   Nov/Dec 2014 Movement – Nov wheat + £25.00/T  ( Nov...
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Markets unchanged as further USDA data looms

Posted by on Oct 1, 2013 in AGM News | 0 comments Feed wheat values are once again generally unchanged this week as markets continue to tread water ahead of this season’s impending American maize corn harvest. Mild and dry weather in the south-east has made way for combining of the potentially record breaking crop to begin but we are yet to hear of any ‘official’ yield and quality reports. Feed wheat for spot collection is currently...
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