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Cereals
With the Sterling losing momentum against both the US dollar and the euro, May-17 LIFFE Feed wheat hit today a 1-week high of £148.90/T, testing once again its medium term resistance trendline [See Chart of the Day#1].
May-17 Euronext wheat ended an 8-day losing...
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Cereals - as of 27.03.17
Euronext May-17 wheat today hit contract lows after 8th consecutive day of trading lower.
US weekly corn export were above analysts estimate at 1.56MT.
As forecast rains are providing relief to wheat crops across the US plains with...
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...
UK wheat & OSR hit campaign highs - Subscribe Free Here
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Cereals
UK wheat prices reached and closed at campaign highs today (+3.3% on the week), due to combination of currency and fundamentals.
Technical and fundamental buying helped support global wheat prices today. On the week, Dec-16...
Cereals
The UK market lost early strength due to the weaker sterling as the US and EU markets edged lower. The UK market is balanced between trying to stay export competitive and finding producer selling. Of Note: 14 lots of Nov-16 122 strike Call options traded at £5 today; operators start to...
Last place on Sept 27th Grain Marketing Course at Farmers Club - Learn to use ALL the tools available.
Cereals
UK prices tried to recover but the EU price decline on Egyptian and Russian news ultimately weighed on UK wheat alongside the firmer sterling. Note: 21 contracts (2100T) traded on...
Cereals
EU and UK wheat moved higher today due to lack of farmers selling who are storing until next year in the hope of higher prices and foreign export demand before the end of the export season came to the forefront.
German Farm Coops forecast 2016 wheat crop at 25.57MlnT v 26.1 in April and...
Cereals
May-16 UK feed wheat closed down £1 at £115.40/T (€/£ weighed on prices).
The Mar-16 Milling Wheat closed unchanged at 171€/T.
EU granted 337kT of soft wheat export licences last week. Season total 12.4MlnT.
EU granted 20kT of barley export licences last wk. Season total 5.5MlnT.
EU...
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