Independent Agri Commodity Insights
Despite a staggering 12-session rally on matif rapeseed which propelled the Feb-19 Matif futures contract to a 2-month high in euro terms, our domestic values were only rising timidly due to a strong rally in the Sterling. According to Dow Jones news, the EU-UK divorce terms could be agreed as…
Despite a fall in price since August, Nov-18 LIFFE feed wheat futures contract settled higher for a third consecutive quarter, +8% in Q3 or +25% since the beginning of the year. Of course, world fundamentals and in particular the Russian rhetoric is lending support but our domestic wheat stocks set to be…
Despite a fall in price since August, Nov-18 LIFFE feed wheat futures contract settled higher for a third consecutive quarter, +8% in Q3 or +25% since the beginning of the year. The past few weeks have seen OSR post a strong recovery, trading €16/T higher over a two-week period as…
Domestic prices remain highly impacted by political news surrounding Brexit, even coming from New York this week where French President Macron said he would welcome Britain back into the bloc. Late season storms have detrimentally impacted soybean quality in parts of the US which is a double-whammy for farmers already…
Domestic prices remain highly impacted by political news surrounding Brexit, even coming from New York this week where French President Macron said he would welcome Britain back into the bloc. For that, a second referendum would be needed and therefore the volatility in the Sterling would likely increase in the…