- Location
- Chichester
Another Late Friday rally on wheat put a gloss on things after we looked to be lower for most of the week. The Ukraine story isn’t developing fast enough to suit the 24 hour news channels who went back to talking about the UK Government’s problems, which explains the softer tone of the market. In reality, Putin’s evidently successful trip to Beijing (a new deal allowing Russia to ship wheat to China from any and all Ports was included) brings the crisis to an acute moment. China appears committed to helping soften the impact of any sanctions imposed on Russia should there be action – not the same as supporting said action, but a dangerous moment for sure.
Old crop markets at home as mentioned previously are getting sorted out rapidly now. Malting barley is easing back from the amazing highs of late January as store-keepers start to close out their positions. Some further trimming of premiums seems likely, albeit the base price is still finding support.
The 2022 Shoreham Storage Pack was issued last week, and is available to view on our website. A copy has been sent directly to all existing customers. Potential new entrants are encouraged to contact us early this year to discuss requirements. The road haulage crisis that has bedevilled the industry since the autumn is not likely to go away before harvest and the challenges associated with a potentially bigger crop this year are very real. The Shoreham offer remains the best way for you to secure preferential access to the biggest and best ex-farm haulage fleet in the South right when you most need it. Call the grain desk at Chichester or your farm trader without delay - 01243 784171
Have a good week.
Visit our website for more info: www.bartholomews.co.uk
Old crop markets at home as mentioned previously are getting sorted out rapidly now. Malting barley is easing back from the amazing highs of late January as store-keepers start to close out their positions. Some further trimming of premiums seems likely, albeit the base price is still finding support.
The 2022 Shoreham Storage Pack was issued last week, and is available to view on our website. A copy has been sent directly to all existing customers. Potential new entrants are encouraged to contact us early this year to discuss requirements. The road haulage crisis that has bedevilled the industry since the autumn is not likely to go away before harvest and the challenges associated with a potentially bigger crop this year are very real. The Shoreham offer remains the best way for you to secure preferential access to the biggest and best ex-farm haulage fleet in the South right when you most need it. Call the grain desk at Chichester or your farm trader without delay - 01243 784171
Have a good week.
Visit our website for more info: www.bartholomews.co.uk