AGM Blog



Week Beginning Monday 3rd July 2017

Posted by on Jul 5, 2017 in AGM News | 0 comments

Week Beginning Monday 3rd July 2017

The London LIFFE wheat future for July 17 is valued at £145.65/T this morning – this is £2.00/T higher than the week previous. The London LIFFE wheat future for November 17 is currently valued at £150.50/T. This is £5.50/T higher than the opening trade a week ago. The future has gained just over £4.50/T over the last couple of working days alone. The pound is currently valued at 1.1393 against the Euro. Highly anticipated data from the USDA on Friday has significantly firmed the market this morning. Here’s what you need to know from...

read more

Week Beginning Monday 26th June 2017

Posted by on Jun 27, 2017 in AGM News | 0 comments

The London LIFFE wheat future for July 17 is valued at £143.70/T this morning. This is £2.45/T higher than last week’s opening trade. The London LIFFE wheat future for November 17 is valued at £145.00/T this morning. This is £3.00/T higher than last week’s opening value but £1.50/T lower on Friday’s close following an extremely volatile week. At its highest, the future traded at £149.00/T. The pound is currently valued at 1.1391 against the Euro.   It has been an interesting seven days for the grain markets; this time last...

read more

Friday 9th June 2017

Posted by on Jun 16, 2017 in AGM News | 0 comments

Friday 9th June 2017

Where do I start with this today’s Grain Report? With this year’s harvest due to commence in as little as 6 weeks’ time, there is an awful lot of influential factors currently at play which will require some careful consideration over the coming weeks, particularly for those of you looking to make a start on marketing next season’s crop. According to the EU Commission, total grain production for the European Union should still total the forecast 304.8 million tonnes next season despite the recent “less than ideal” weather. In...

read more

Week Beginning Monday 5th June 2017

Posted by on Jun 6, 2017 in AGM News | 0 comments

Week Beginning Monday 5th June 2017

The London LIFFE wheat future for July 17 is unchanged this morning at £140.90/T. This is £2.70/T lower than the opening position this time last Tuesday following the Bank Holiday weekend. The London LIFFE wheat future for November 17 is also unchanged this morning at £141.35/T. This is £1.00/T lower than last week’s opening position. The pound is currently valued at 1.1439 against the Euro. Old crop feed wheat is currently valued in the region of £143.00/T – £145.00/T ex-farm for July collection. For those of you looking to...

read more

Week Beginning 29th May 2017

Posted by on May 30, 2017 in AGM News | 0 comments

Week Beginning 29th May 2017

Old crop feed wheat values have fallen significantly over this last week or so. Feed wheat for spot collection is currently valued in the region of £143.00/T – £145.00/T ex-farm whilst movement further towards harvest should still secure the benchmark £150.00/T ex-farm. As for feed barley, buyer interest remains thin with both larger end-users and local stockmen – £120.00/T ex-farm would be a realistic offer for spot collection.   New crop feed wheat values are largely unchanged this week following the extended Bank...

read more

Week Beginning 15th May 2015

Posted by on May 15, 2017 in AGM News | 0 comments

Week Beginning 15th May 2015

The London LIFFE wheat future for May 17 is this morning unchanged from Friday’s position at £149.60/T. The London LIFFE wheat future for November 17 has opened £1.50/T lower at £141.50/T. This time last week the future opened at £140.45/T. The pound is currently valued at 1.179 against the Euro. The difference between the old and new crop wheat futures is beginning to narrow – the amount which separates the two is the smallest since the start of the year. Old crop feed wheat for spot collection is extremely difficult to value this...

read more

A New French President

Posted by on May 8, 2017 in AGM News | 0 comments

A New French President

Last week was another week of weather watching, monitoring currency movements and hoping for rain. Many local growers, particularly those on lighter land are becoming increasingly concerned for crops ahead of yet another dry week. Some areas may catch a few showers towards the weekend but for most it is set to remain largely dry. Old crop feed wheat for spot collection is currently being valued just short of £150.00/T ex-farm – please contact the office to discuss your requirements. With two Bank Holidays and consequently two four-day weeks...

read more

Crops in Need of a Drink as Dry Weather Continues

Posted by on May 5, 2017 in AGM News | 0 comments

Crops in Need of a Drink as Dry Weather Continues

Summer may be on the way but there is little sign of it here in North Yorkshire. Mild temperatures, chilly winds and very little rainfall have stalled crop development over the last few weeks and although it may be a little early to be concerned, I’m sure many would be grateful for the arrival of some wetter weather. Poor ground moisture levels are also becoming an issue in other parts of Europe. The warmer conditions experienced earlier in the season across Spain, France and Germany may have driven crops into an earlier awakening from...

read more

Is There a Boat Arriving Into the Humber?

Posted by on Apr 25, 2017 in AGM News | 0 comments

Is There a Boat Arriving Into the Humber?

Old crop feed wheat values have slightly retreated this week as £150.00/T ex-farm begins to slip from the farm-sellers reach. Most end-user bids for spot delivery are now in the region of £153.00/T – £155.00/T delivered, making it very difficult to put £150.00/T on the farm. Currency is once again the biggest factor adding pressure to the market this week as the pound strengthens towards is highest level against the Euro since before Christmas. However, sterling has slightly retreated over the last couple of days and the wheat...

read more

Week Beginning 18th April 2017

Posted by on Apr 18, 2017 in AGM News | 0 comments

Week Beginning 18th April 2017

Following on from an Easter Weekend of typically average Bank Holiday weather, a good amount of vital spring land work has now been achieved here in Yorkshire. The majority of spring crops are now well established, or “nicely poking through” as most local growers have commented and the weather forecast is promising as I believe the majority will welcome a little rainfall. Winter wheat crops are also in a very good condition and have certainly benefitted from the mild spring weather and plants are certainly on the move now that we are...

read more