UK wheat prices continued to tick higher over the festive period amid a deterioration of the weather conditions in South America and confirmation of a slowing export pace in Russia. It may be a new year, however fundamentals have not changed for rapeseed markets which continue to see tight supplies…

The news of Crop Energies bio-ethanol plant in Teeside (Ensus) closing has been the dominating factor in news this week. The supply driven rally seen until recently has for now run its course, what will now matter is how the demand picture plays out over the rest of the season.…

UK wheat futures are set to edge lower for a second consecutive week amid a lack of fresh news but they remain in a ~£10/T range since mid-September. EU crushers are nearing full capacity for soybean incorporation and therefore with new crop rapeseed planting issues and tight global stocks, the…

After filling a technical chart gap between £179.70 and £180/T, the Nov-18 LIFFE feed wheat contract retreaded toward its key 50-day moving average technical support of ~£177/T, awaiting the USDA October WASDE whilst the Sterling was seen recovering. ‘’Trees don’t grow to the sky’’ as they say and any period…

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…