Week Beginning Monday 26th November 2018

It has been yet another volatile week for the grain markets as the ongoing Brexit negotiations alongside Thanksgiving celebrations over in the US made the global markets a difficult place to navigate.   Yesterday, (Sunday 25th November), the 27 other European Union leaders finally approved the terms of the UK’s exit from the EU. Moving forward, Mrs May will have until the 12th December to...
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Week Beginning Monday 19th November 2018

The January 2019 London LIFFE wheat future has this morning opened unchanged at £169.75/T. This is just £0.25/T lower than the previous week following a rather volatile few days trading last week. The May 2019 London LIFFE wheat future has this morning opened £1.30/T lower at £172.00/T. This is £0.50/T lower than the opening trade the week previous. The November 2019 London LIFFE wheat...
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Week Beginning Monday 12th November 2018

The January 2019 London LIFFE wheat future has this morning opened unchanged at £170.00/T. This is £3.65/T lower than the opening trade the week previous. The May 2019 London LIFFE wheat future has this morning opened £1.20/T higher at £172.50/T. This is £1.50/T lower that the opening trade the week previous. This is the first time this future has opened and traded higher in over a...
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TOPS AND BOTTOMS

TOPS AND BOTTOMS  Volatility remains a key word within the UK grain market as daily market news and currency levels are reflected in the everchanging ex farm prices. The news of Ensus bioethanol plant closing pushed prices down £5.00 per tonne. Sterling weakens against the dollar and America manage to get a toe hold of some sales to the World’s largest grain importer Egypt and the market...
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Week Beginning Monday 5th November 2018

Trade for spot collection feed wheat appears to be non-existent this morning as the UK trade continues to digest the “bio-ethanol back log” created by the closure of both Ensus and Vivergo over the past couple of months. £170.00/T ex-farm is currently offered for February/March collection – growers who require movement in the short term will need to take a significant discount to negotiate...
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