Week Beginning Monday 30th July 2018

Posted by on Nov 6, 2018 in AGM News | 0 comments UK feed wheat future broke above £180.00/T for the first time since May 2013 last week in what ended as an extremely volatile week. The London LIFFE wheat future for November 2018 topped out at £190.00/T last Thursday, £40/T ahead of the contract average. Looking ahead, November LIFFE wheat futures for both 2019 and 2020 are now trading in the region of £170.00/T; this could be worth some...
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Week Beginning Monday 16th July 2018

Posted by on Nov 6, 2018 in AGM News | 0 comments Despite the downward movement of new crop prices last week, current UK values are now higher than the Paris wheat future, despite the latter representing a high-quality milling grade. AHDB have added that “with UK carryover wheat stocks estimated at their lowest for five years and questions surrounding the potential of this year’s wheat harvest, UK supplies look set to be tight once again...
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Week Beginning Monday 9th July 2018

Posted by on Nov 6, 2018 in AGM News | 0 comments Global wheat futures have continued to rise sharply over the past week following cuts to European production forecasts and the ongoing challenging weather conditions throughout the Northern Hemisphere. The November 2018 LIFFE wheat future reached the highest price recorded to date for this contract last week £166.65/T) and has since moved beyond this. AHDB have added that “high pressure...
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Week Beginning Monday 2nd July 2018

Posted by on Nov 6, 2018 in AGM News | 0 comments Combines are rolling in the South of England as Harvest 2018 gets underway – the earliest start for a number of years as the heatwave continues. Online reports have suggested that winter barley harvesting is imminent as far North as Doncaster and some local growers on sand have commented that they could also be into some earlier winter barley by the weekend. Early reports are mixed but...
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Week Beginning Monday 25th June 2018

Posted by on Nov 6, 2018 in AGM News | 0 comments New crop wheat futures have been falling globally, largely due to uncertainty regarding the US-China trade dispute and news of good harvest progress for winter wheat. Online reports are suspiciously minimal regarding US harvest progress but, twitter reports from the field are encouraging; yields may be average, but most appear thrilled given the poor outlook earlier in the year. Closer to home,...
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