Monday Market Briefing - 21st February 2022

Bartholomews

Member
Trade
Location
Chichester
Wheat markets looked to go lower, particularly on old crop last week, only to be boosted again by renewed Ukrainian tensions. US markets dipped into their close on Friday after we had gone home and are closed for Presidents Day this Monday. With this in mind, European closes from Friday now look a bit too high, but essentially we are all stuck in no-mans-land waiting for a decisive move to cut through all the speculation and spin.

That might have to wait a bit longer, but in the meantime UK old crop markets had quite a busy week with good volumes of all main crops, feed and quality, changing hands. Milling wheat saw good interest which has created opportunities for most grades right up to harvest. Malting barley sellers soaked up the remaining interest for the big domestic premiums that had persisted for several weeks. By Friday, export bids were the better value again in this topsy-turvy season. We have cargoes of planet, laureate and propino all due through Shoreham in coming weeks, so it promises to be a busy period and a good time to tidy up and get ready for the next campaign.

Have a good week.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 78 43.3%
  • Up to 25%

    Votes: 62 34.4%
  • 25-50%

    Votes: 30 16.7%
  • 50-75%

    Votes: 3 1.7%
  • 75-100%

    Votes: 3 1.7%
  • 100% I’ve had enough of farming!

    Votes: 4 2.2%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,286
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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