"I use the team at CRM to challenge my thoughts on pricing and where the market might go help my clients achieve a better price, it also provides the owners of the farms we manage with the confidence that their grain is being marketed independently and professionally"

Alex Bragg, Savills Food & Farming, Head of Eastern region

CRM Agri Independent Grain Marketing

5

2018-06-04T16:33:28+01:00

Alex Bragg, Savills Food & Farming, Head of Eastern region

"I use the team at CRM to challenge my thoughts on pricing and where the market might go help my clients achieve a better price, it also provides the owners of the farms we manage with the confidence that their grain is being marketed independently and professionally"

https://crmagri.com/testimonials/alex-bragg/

"Historically we had 2000T in pools, however, after two years with CRM Agri we now market all our grain independently and our results at the very least match and usually beat the pools"

Pete Collins, MJ & SC Collins, Essex

CRM Agri Independent Grain Marketing

5

2018-06-04T16:35:11+01:00

Pete Collins, MJ & SC Collins, Essex

"Historically we had 2000T in pools, however, after two years with CRM Agri we now market all our grain independently and our results at the very least match and usually beat the pools"

https://crmagri.com/testimonials/pete-collins/

"It's not just about yield but getting the best price for what we produce, particularly in tough times. The independent advice from CRM Agri gives us the insight we need to understand the markets and increase our profitability"

Ali Wade, Kinrah Farms, Wiltshire

CRM Agri Independent Grain Marketing

5

2018-06-04T16:34:42+01:00

Ali Wade, Kinrah Farms, Wiltshire

"It's not just about yield but getting the best price for what we produce, particularly in tough times. The independent advice from CRM Agri gives us the insight we need to understand the markets and increase our profitability"

https://crmagri.com/testimonials/ali-wade/

"Farmers don’t have time to analyse what’s happening all over the world, which makes the strategy CRM Agri gives us invaluable. We concentrate on growing the crop and rely on CRM to provide us with the strategy to get the best price we possibly can"

Christopher Heneage, Heneage Estates, Lincolnshire

CRM Agri Independent Grain Marketing

5

2018-06-04T16:34:04+01:00

Christopher Heneage, Heneage Estates, Lincolnshire

"Farmers don’t have time to analyse what’s happening all over the world, which makes the strategy CRM Agri gives us invaluable. We concentrate on growing the crop and rely on CRM to provide us with the strategy to get the best price we possibly can"

https://crmagri.com/testimonials/christopher-heneage/

5

4

CRM Agri Independent Grain Marketing

CRM AgriCommodities

Independent Agri Commodity Insights

April 12, 2024

April Wasde & Conab Analysis

USDA

Grains and oilseeds were mixed globally ahead of the April USDA Wasde report. We will provide full analysis of the report in tomorrow’s highlights and further insight in our Global Grain Outlook released next week.

Trade expectations were for declines in corn production for Brazil and Argentina following the USDA march release which saw output at 124Mt AND 56Mt respectively. Ultimately Brazil’s production was left unchanged and Argentina trimmed slightly to 55Mt.

For soybeans trade estimates were expected to be little changed in Argentina with Brazil expected to lose 3Mt from its production, and 10Mt below the 2022/23 season. The USDA left both unchanged with Argentine production at 50Mt and Brazil’s at 155Mt.

Wheat ending stocks globally were lowered slightly to 258.27Mt, despite an increase in EU stocks for 2023/24 from 15.17Mt to 16.69Mt, as exports were reduced 2Mt to 34.5Mt due to ongoing competition from the Black Sea. US stocks were also increased slightly to 18.98Mt.

Conab

Brazil’s Conab were also releasing their own data today. Brazil’s total grain output was seen falling 8% to 294.1Mt compare to the 2022/23 season. The main reason cited for the drop was the impact of a strong El Nino which impact plantings and crop development.

With sowing nearly finished of the second corn crop, Conab see total corn production at 110.96Mt, 12Mt below that of the USDA.

Soybean production is expected at 146.42Mt, which is 5.2% below last season and 9Mt below USDA estimates.

CRM Agri Oilseeds report Highlight: Read more

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