Market Overview Both old and new crop UK wheat futures closed at new contract highs again this week with May-22 futures closing at £322/tonne and Nov-22 futures closing at £293/tonne yesterday. The UK wheat market is still feeling the impact of the war in Ukraine,...
Market Overview On Tuesday the USDA released their first crop progress report for 2022. Unfortunately crop conditions were disappointing as the report fell below the lowest trade estimates. Only 30% of US winter wheat was rated in Good – Excellent condition....
Market Overview Over the past few weeks the global markets have been adjusting to the ongoing conflict between Russia and Ukraine. Global prices for all commodities have risen sharply over the month of March, with several raw materials reaching record high prices as...
Market Overview Markets have been consumed by one factor over the past seven days. Russia’s invasion of Ukraine sent the markets into chaos when the invasion was on a far greater scale than many had anticipated. Global grain and oilseed prices have since...
Wheat/Barley The crisis between Ukraine and Russia, two of the worlds biggest wheat and maize producers, has caused constant volatility for the commodities. Anything from a political statement to a rumour has influenced the global market prices. Any disruption to...
In this months World Agricultural Supply and Demand Estimates (WASDE) report by USDA, there were, on the face of it, very few significant or surprising changes. Wheat/Barley Overall there were little changes made to global wheat supply and demand estimates. US stocks...
