- Location
- Lincolnshire
- US markets – Soy lower as favourable SAm weather, huge crops weigh – Corn lower on talk that weekend rains may not be as bad for the crop as expected, only 2-3% of acres may be impacted – Wheat mixed, uncertainty over size of HRW crop supports but talk that weather may improve to help plantings of spring wheat may be offering resistance.
- Canadian March 31st all-wheat stocks estimated at 18.3mlnt, vs 14.375mln t last year – Statistics Canada to release figures this Friday.
- Favourable weather and field conditions have allowed plantings to get underway in many parts of Manitoba (Canada) – estimated that less than 5% of the 2017 total crop has been planted .
- China sold 419,526t of wheat at auction of state reverses yesterday – sale represents 15.5% of the 2.703mlnt available at the auction.
Last Trade Settlement
London Nov ’17 Settle £140.25/t – up £2.00/t from previous close
Paris Dec ’17 Settle €174.75 – up €2.00/t from previous close
CBOT Nov ’17 Corn Settle $3.9000/bushel – down 4.50 cents/bushel from previous close
CBOT Nov ’17 Wheat Settle $4.8925/bushel – down 0.75 cents/bushel from previous close
Currency Today:
GBP EUR 1.1840
GBP USD 1.2920
EUR GBP 0.8445
EUR USD 1.0910