Sustainable jet fuel will be mandatory on all EU flights.
The European Union made headlines yet again reaching a deal that requires every plane to blend green fuel beginning in 2025. The decision was made after the debate was initially postponed two years ago. The deal needs to be ratified by...
A quieter tone last week with less tender activity to drive buying, but markets generally held onto the gains of the previous week on old and new crops. We start the new week with sharply lower Currency which will help maintain support for UK prices. Anecdotally we hear that some French and...
Markets drifted towards the end of last week - as we said in last week’s update, the market has run out of momentum for now. Shelling of previously untouched Odessa on Sunday was consistent with Russia’s declared intention of moving focus to the south and east of Ukraine. However, as Russian...
Just letting everyone know that there is a new product called BIOFIL, which is now available from FarmMarketplace.
It has Pseudomonas, Bacillus and Azotobacter bacteria species which when applied within a soil system can promote plant growth and disease resistance. BIOFIL has additional 4...
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Grain prices recovered today as the USDA revised lower its expectation for production of major exporters of wheat and corn.
The forecast for Russia's - the world largest exporter - 2018/19 wheat production was lowered sharply to 68.5MT from 72MT...
Hello,
I've come across a rare type of summer livestock feeding. I found a video on youtube, of a dairy farmer, and he mows the grass, and directly loads it with a forage wagon. Not so rare so far. But then he uses a corn chopping machine, and also loads corn directly into the forage wagon...
Cereals
Wheat prices were led lower by CBOT as it closed in on the key $4/bu level as longs liquidated their positions ahead of tomorrow’s December USDA report.
EU and UK wheat prices fell victim to long liquidation as traders focused in on the report. However, the losses were limited with...
Cereals
EU grains found support following MARS’ EU crop estimates which were released this morning and on fund short covering.
MARS lowered their estimate for EU maize yields from 6.99T/ha to 6.91T/ha, whilst raising their estimate for soft wheat to 5.94T/ha from 5.86T/ha.
Current wet condition...
USDA overview
Cereals
EU grain markets were rather quiet today as expected ahead of the monthly WASDE report. Trading volumes were also thin due to the Brussels Grain exchange.
Both UK LIFFE feed wheat & Euronext milling wheat closed near equilibrium level although the latter dropped to a...
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Cereals
It was all about the USDA today as report failed to deliver any great surprises. US stocks of Corn and Soybeans were slightly below expectation and wheat slightly above (see chart of the day)
Spring wheat production was the only real...
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Cereals
A cooler outlook in the US combined with month end position squaring both contributed to the factors which had grains on the back foot today.
Harvest in the UK is back on after a wet weekend with forecasts indicating that good progress...
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Cereals
The USDA surprised the market today releasing estimates well above those of most market participants.
World wheat production was trimmed slightly to 737.8MT (-1.7), which is the same as the first estimate...
EU markets supported by US snow storm
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Cereals
Markets bought the rumours that large areas of US wheat had been damaged by a snow storm as confirmation of damage significance remains to be seen.
May-17 wheat returned to the technical resistance...
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Cereals
Wheat prices in the UK and Europe continued to rise today on concerns of ongoing dry conditions across Western Europe, as well as further sterling weakness against its Euro counterpart.
Corn prices in the US found support today as storms...
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Cereals
The rally in the Sterling weighed on UK prices today and pushed new crop Nov-17 LIFFE Feed wheat to a 2-week low of £139.50/T.
Euronext wheat caught up with yesterday's late selloff observed in the US. The May-17 contract dropped to...
Cereals
Argentina will likely harvest a 'record' 18.3MT of wheat for 2016/17 harvest with 11-11.5MT likely to be exported - Argentine Ag Minister. He also said that Argentina will have to look for new markets in which to export such volume - See Chart of the Day.
EU wheat exports reach 15.8MT...
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Cereals:
French exports outside of the EU begin to pickup with 361KT of soft wheat exported in December vs 233KT in November-16.
French agency FranceAgriMer raised their estimates for soft wheat ending stocks as an increase in non-EU exports was offset by lower...
Cereals:
Improved South American weather and fund selling added pressure to the cereals market today.
Algeria who have been key buyers of European wheat this campaign have launched a tender to purchase 50KT of milling wheat and 25KT of barley for Mar/Apr delivery.
Wheat feels the effects of...
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