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July 30, 2019

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...

July 9, 2019

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 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.

  • Rus...

April 16, 2019

Markets continue to trade recent ranges with USDA S&D data largely as expected.

  • World corn ending stocks raised 5.5mmt to 314mmt, above trade estimates. World production also increased 6mmt – mostly due to increases in South America.

  • World wheat ending stocks a...

April 5, 2019

 The latest data release from USDA came out late on Friday with a surprisingly large corn stocks number triggering a heavy sell-off for the last session of the week. Corn finished the day 17.5 cents/bushel down on the day.

  • Wheat got pulled lower Friday mostly along...