UK Balance Sheet Questions
The AHDB/Defra September Balance Sheet raised more questions than it gave answers. Wheat ending stock estimates for 2019/20 on paper have been reduced from 3396KT to 2438KT, with a ‘residual’ 824KT. The change to include a ‘residual’ comes as stocks figures and usage...
Grains continued lower in the wake of tumbling financial markets and a steep correction in oil prices as the COVID-19 continues to spread rapidly outside China.
Despite the weaker pound and ongoing poor planting conditions in the UK, the 'old crop' May-20 LIFFE feed wheat contract settled at its...
Cereals
In the aftermath of yesterday's strong rally, US wheat finish lower whilst EU origins remained firm over renewed export optimism.
LIFFE feed wheat was little changed despite the sharp rally in the Sterling against both the euro and the US Dollar.
After a second defeat for PM Theresa...
Cereals
With the likelihood of Article 50 being extended, the Sterling continued sharply higher against both the US dollar and the euro, reaching its highest level since Sep-18 and May-17 respectively.
Consequently, May-19 LIFFE feed wheat continued lower for a 2nd consecutive session...
Cereals
A rather quiet session in Europe with both LIFFE and Matif wheat edging lower over a weakening US dollar and with limited trading volumes.
According to today's HMRC data, the UK exported only 47KT of wheat in Dec-18 and imported more than 152KT. Consequently, the UK has now been a...
Cereals
The Sterling continued lower against both the euro and the US dollar in the wake of a weak Purchasing Managers' Index which fell to 50.1 in January, the lowest since July2016, and against 51.2 in December.
However, it was not enough to lend support to UK grains with May-19 LIFFE feed...
Cereals
UK wheat ended today's session virtually unchanged despite the Sterling rallying further against the single currency on dovish comments from the ECB.
As such, the pound was set to settle at a 9-monthhigh against the euro after it posted its best 11-day performance (+3.9%) since...
Cereals
Wheat prices found techincal support levels with Eurnext and Liffe trading at or near key levels.
France export 1.26MT of wheat in November, higher than October 1.13MT but behing the bumper month of August where 1.48MT were exported. Algeria remained the main destination, purchasing...
With all the news coming out about wellgrain, i was wondering how can i be certain that the grain merchants we deal with are insured. A few of them have told us they are but can you take the risk? Also how do you all decide who to deal with?
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.