Week Beginning 23rd January 2016

It has been an extremely volatile fortnight for the old crop grain market as the value of the pound continues to fluctuate against other major currencies. Feed wheat for spot collection has valued anywhere from £140.00/T – £150.00/T ex-farm over the last couple of weeks and is currently trading in the region of £148.00/T – £150.00/T ex-farm.   Since June, most ‘Brexit Based’...
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Week Beginning 16th January 2017

  Last week’s release of highly anticipated data from the USDA (published last Thursday) brought mixed messages. While global grain markets were supported by the news that this year’s US winter wheat area was forecast at a 100 year low, upward revisions to global end of season stock estimates limited upward movement. According to the latest data, the amount of winter wheat which is currently...
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