Straights Update 13th July 2022

Straights Update 13th July 2022

Market Overview This week saw the release of the July WASDE report which many felt was a broadly neutral to bearish report.  US wheat production estimates were increased this month to 48.47MT from 47.26MT in June. Ending stocks were also increased. In Canada...
Getting ready for Autumn calving

Getting ready for Autumn calving

Who would have thought we were about to start preparing cows to dry off for the Autumn block of calving?  It only seems like a minute ago we were preparing for the Spring calvers to get going. Preparation The last few weeks of lactation are the time to ensure cows are...
Straights Update 16th June 2022

Straights Update 16th June 2022

Market Overview UK feed wheat futures have been settled this past week after much volatility through last week. Ukraine harvest has begun in Ukraine with winter barley in the Odessa region. A Ukraine Agricultural Minister said on Monday that the country’s grain...
Straights Update 8th June 2022

Straights Update 8th June 2022

Market Overview The UK feed wheat futures has experienced some volatility over the past 48 hours. Yesterday prices began the day by rising by £20/tonne from Monday’s close to then drop by £12/tonne later in the afternoon. The volatility seen has been due to the...
Straights Update 26th May 2022

Straights Update 26th May 2022

Market Overview Global grain prices have come under pressure this week after reports surfaced of a potential food export corridor out of Ukraine. A senior Turkish official has stated that the country is in negotiations with Russia to create an export corridor through...
Straights Update 11th May 2022

Straights Update 11th May 2022

Market Overview London May Wheat Futures hit new record highs on Tuesday, closing at £343.50/tonne. A tight global supply picture for wheat continues to support domestic and global prices. The Ukraine Minister of Defence has accused Russia flagged ships of stealing...