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Cereals

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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Brexit and harvest weigh on prices

Brexit uncertainty, global depressed markets and harvest pressure continue to weigh heavily on domestic grain prices with the Nov-19 LIFFE feed wheat contract down for a third consecutive week and set to post its biggest monthly loss (10.5% or £15.50/T). After a frustrating start due to mid-August rain, last weekend’s…

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CRM AgriCommodities Market Review – 29th July 2019

UK wheat remains rangebound for now between £143/T and £150/T on the Nov-19 LIFFE feed wheat contract; awaiting further information from Russia where yields have been somewhat disappointing, yet the quality is excellent and we get confirmation of the good domestic wheat harvest. Rapeseed prices have seen ongoing support, gaining nearly…

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