USDA’s December World Supply & Demand estimates released on Thursday was summarised by many as neutral for Maize and Soybeans and bearish for Wheat. For Wheat, USDA made small adjustments by increasing global ending stocks based on reduced exports. However...
The new strain of the coronavirus, Omicron, has caused concerns amongst many as travel restrictions have been reintroduced in the UK and fears are growing that the new strain will have an impact on the ongoing logistical issues relating to freight, haulage and...
New records were set on UK wheat prices over the past week as several factors contribute to the soaring prices. As long as global prices continue to rise there is likely to a continued rise to domestic prices. The key factors that are firming the grain market include,...
Over the past 48 hours we have seen the market largely reacting to data published by the USDA in this months WASDE report. For Maize Tuesdays report saw an increase of US production by 1.1MTs but due to strong domestic consumption and maintained export projections,...
As global food prices get ever closer to record highs, wheat prices act as a mirror image as UK wheat prices creep towards the decade high set in 2012. Global food prices are not the only issue pushing prices. Drought, frost and heavy rain in key exporting areas have...
The US Soybean harvest continues to march ahead, reaching 73% complete, marginally ahead of average and yields remain good. Weather in Brazil has been improving with rainfall benefiting soil moisture and enabling rapid planting, further adding to production...
