- Location
- UK
Click below to book our next courses (click city) in Cirencester (feb 6th) and Cambridge (feb 7th) . Make 2019 the year when you take control of your grain marketing.
Cereals
Oilseeds
Futures & Options prices
Cereals
- US/ China trade negotiations, as well as Brexit, are keeping plenty of uncertainty built into markets into 2019, following on from a turbulent 2018.
- Wheat prices found support in early trade following news that Algeria, one of the World key importers, had rejected a shipment of Argentine wheat on quality issues, in a year when the market is increasingly reliant on their exports amidst global deficits.
- Private analysts also estimated that US winter wheat plantings would drop for the 2019 harvest by around 1Mac.
- The government shutdown in the US is leading to a dearth of data which the market is usually trading. This week's scheduled USDA report has been postponed for now.
- Black Sea temperatures are forecast to drop to bitterly cold levels in coming days.
Oilseeds
- Trade talks between the US and China are scheduled to resume this week with soybean traders sensing more positive undertones coming from the discussions.
- The last meeting between negotiator in Beijing was June-18 and led to little progress being made.
- OSR values found support from rising soybean and higher crude oil values.
Futures & Options prices