Week Beginning Monday 27th July 2015

UK ex-farm values have come under further pressure this week despite this week’s wet weather bringing a delayed start to harvest for many growers in our region. Plenty of new crop winter barley samples landed on our desks over the weekend before the wet weather hit on Saturday evening/Sunday and results are encouraging.   Most feed varieties have yielded particularly well although some bushel...
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Week Beginning 20th July 2015

  The London LIFFE wheat future for November 2015 closed at £125.45/T on Friday evening (17th July) – £5.85/T lower than the week previous. In Opening trade this morning, the future is valued £0.45/T lower at £125.00/T.   Currency is again predominantly responsible for the above – the pound is now at its highest level against the Euro since 2007, making UK wheat exports...
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Northern Hemisphere Harvest Update

As grain harvesting continues to get underway across the Northern Hemisphere, UK grain values have fallen under pressure over the last week or so. Opinions are mixed regarding the outcome of last week’s European heat wave. For some, the recent high temperatures have ‘merely assisted the maturation of winter crops’ and insist that we can be reassured by the favourable spring that all crops...
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Markets Volatile as Currency Adds Pressure

The last seven days have brought a mixed week to the grain markets; weather concerns, the Greek economy and early European harvest results have all persuaded the markets upwards whilst the recent USDA reports and the current strength of the pound against the Euro has added pressure to recent values. Last week brought the simultaneous release of the quarterly grain stocks report for the US and...
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Europe: Politics and Weather Add Value

New crop feed wheat values are once again improved this week as this year’s Northern Hemisphere grain harvest gets underway. Although I am again cautious with pinpointing specific values, £125.00/T ex-farm for feed wheat should be a realistic offer for August/September collection. Europe appears to be at the forefront of trade concerns at the minute; a hot and dry weather forecast for the...
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