Close

Barley

UK wheat recovers from 2-month low

After falling to a near 2-month low last week, Nov-19 LIFFE feed wheat attempted to recover amid a struggling Sterling although the £149.50 mark still acts as a strong ‘technical resistance’. The Brexit saga continues with the ‘Boris vs Jeremy’ fight in full swing although the two Conservative opponents agreed…

Read More

CRM AgriCommodities Market Review – 15th July 2019

After dropping to a near 2-month low of ~£143/T due to harvest progress in Europe last Wednesday, Nov-19 LIFFE feed wheat bounced back above its key 100-day moving average around £148.50/T with the USDA cutting its 2019 Russia wheat production forecast by more than expected. As expected, the controversial end…

Read More

CRM AgriCommodities Market Review – 1st July 2019

Global markets have been following the US story closely and on Friday, the USDA released its acreage report which was probably one of the biggest statistical surprises for grain markets in recent history. Soybeans were underpinned by the USDA acreage report which showed an increase in the US planted area…

Read More