The perfect storm for grain prices?

Even if Europe is apparently no longer the epicentre of the COVID-19 outbreak, logistical disruptions, panic buying and currency swings are still ongoing across the bloc with unprecedented measures taken at a state level rather than at a unified EU level. Coupled with prevailing dryness across the Black Sea and…

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What a week!

In an effort to stabilise equity markets and keep afloat the UK economy amidst the COVID-19 crisis, the Bank of England and the British government have taken ‘unprecedented measures’. The BofE decided to cut its interest rates to 0.1% last Thursday and announced £200Bn of asset purchases. One day later,…

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37 days until Brexit?

In the wake of emerging global weather concerns in key exporting countries of grains, dissipating harvest pressure and export demand, UK wheat futures have continued to recover from their September lows for a third consecutive week. Physical wheat prices have also crept higher with bases improving, yet below the average…

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