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Combinables Price Tracker
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<blockquote data-quote="Brisel" data-source="post: 6854447" data-attributes="member: 166"><p>Lots. </p><p></p><p>£ up, $ down as US isn't seen as quite the safe haven it recently was until the number of CV19 cases rocketed</p><p>Crude oil down which supresses biofuel markets. Brent Crude $25/barrel today</p><p>UK farmers will look to fix some prices on recent spring drillings (me included) when they start to get back in their offices</p><p>UK already at import parity for new crop wheat, so no further upside there</p><p>Recent £ rise means we are no longer export competitive on a big 2019 harvest</p><p>Global grain supply forecast to exceed demand. Again. This will build stocks</p><p>No big sporting events, reducing alcohol demand though domestic alcohol buying increasing</p><p></p><p>We may be off recent peaks, but IMO this market is a sell.</p></blockquote><p></p>
[QUOTE="Brisel, post: 6854447, member: 166"] Lots. £ up, $ down as US isn't seen as quite the safe haven it recently was until the number of CV19 cases rocketed Crude oil down which supresses biofuel markets. Brent Crude $25/barrel today UK farmers will look to fix some prices on recent spring drillings (me included) when they start to get back in their offices UK already at import parity for new crop wheat, so no further upside there Recent £ rise means we are no longer export competitive on a big 2019 harvest Global grain supply forecast to exceed demand. Again. This will build stocks No big sporting events, reducing alcohol demand though domestic alcohol buying increasing We may be off recent peaks, but IMO this market is a sell. [/QUOTE]
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