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Market Report 9th August 2019
August 12, 2019
Market Report 26th July 2019
July 30, 2019
Market Report 5th July 2019
July 9, 2019
Range bound trade this week as all eyes turn towards USDA.
· US/China tensions continue. Mounting fears amongst economists that the conflict will lead to a Global recession if a resolution cannot be found. Since the dispute began, US exports to China have...
Markets edge lower as Global harvest pressure weighs.
Sovecon reduce Russian wheat crop to 73.7mmt, down 2.9mmt on their previous forecast.
Russian exports estimate for next season reduced by 6.2mmt to 31.4mmt (July USDA 34.5mmt).
Soufflet estimate French...
Markets sharply lower on the week as US/EU forecasts moderate.
US weekly export sales. Corn (332tmt), Wheat (276tmt), Soybeans (867tmt). Corn sales well below needed levels to reach USDA estimates.
US funds estimated net long 178k (corn), 12k (wheat), short -37...
June 5, 2019
Markets rally sharply early in the week, led by the US , before selling off, following US political developments
US markets weaken on suggestion of new taxes on Mexican goods. Fear there may be consequences on US Ag imports to Mexico by retaliation. Circa 15mmt corn...
May 22, 2019
Believe it or not, this year’s edition of Cereals -the UK’s leading technical event for the arable industry will be returning to Boothby Graffoe, Lincolnshire on June 12th & 13th and we are proud to be partnering with Cereals this year!
Witness 2019’s most exciting new...
May 21, 2019
US markets lead grains sharply higher as poor corn planting weather drives fund short covering.
IKAR confirm 2019 Russian wheat crop estimate of 81mmt, up 10mmt on this season (May USDA 77mmt).
US funds estimated net short -298k (corn), -172k (soybeans), -138k...
May 13, 2019
US markets hit new contract lows briefly, as USDA paints a bearish picture in their latest S&D's.
USDA places 2019/20 World wheat carryover at 293mmt, 16mmt above trade expectations.
Global wheat production for 2019/20 estimated at a record 777.5mmt, up 45mmt o...
April 30, 2019
Markets largely unchanged on the week as US wheat and corn hits new contract lows.
US/China meeting scheduled for Wednesday this week will be closely monitored for any developments re. a trade agreement. Some suggestion a deal is nearing from US officials.