Weekly grain market highlights

CRM AgriCommodities

Member
Arable Farmer
Location
UK


Highlights of this week from CRM AgriCommodities

In the build up to tonight’s USDA WASDE, this week has recorded a string of bearish headline figures.

USDA

Ahead of today’s USDA WASDE, the USDA slipped up and released updated area information ahead of schedule. The USDA revised upward area estimates for Corn, Soybeans and Wheat – Read more here

ABARES

Australian organisation ABARES released updated crop report information, providing confidence for wheat production while forecasting a record Canola crop. Read more here

StatsCan

The last piece of the pre-WASDE bearish news, contributing to the sliding global grain market were Canadian July 1st stock estimates, with Statistics Canada estimating stocks of particularly wheat and canola to be larger than the USDA estimates. Read more here

With multiple significant data releases this week, have the bearish factors expected for tonight’s WASDDE already been factored into this week’s declining grain market? Find the report here once the report is released

Subscribers can keep up to date through our weekly insight and forecast reports, videos and on Graintab.
 

Speculative coverage on the gene editing consultation response

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Speculative coverage on the gene editing consultation response

Written by Defra Press Office

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There has been coverage today in the I and the Guardian, reporting on speculation around the upcoming government response to the recent Gene Editing consultation, which closed on 17th March.

A full government response, which will include a thorough analysis and summary of the responses to the consultation and which will set out our next steps, will be published in due course.

Gene editing has the ability to harness the genetic resources that mother nature has provided, such as breeding...
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