Independent Agri Commodity Insights
UK wheat prices continued to rise to fresh contract highs across the board amid ongoing EU wheat/barley crop reductions and risks towards the 2018 EU maize crop although a short- term high could have been found. Last week, rapeseed prices saw a correction despite a growing global deficit and US…
EU wheat prices set fresh highs in 6 out of the last 7 sessions amid further reductions in the 2018 European soft wheat production set to fall to its lowest in 6 years ie below 130MMT due to the historical drought hitting most of Northern Europe. Rapeseed prices skipped higher this…
Cereals The old saying ‘up corn, down horn’ continues to play out with grain prices remaining well supported and meat values coming under further pressure. Livestock producers are under increasing pressure from higher feed prices and less available forage with cattle being slaughtered earlier than usual as result. Feed compounders continue…
The UK feed barley harvest has made fast progress and yields have come off better than expected according to CRM Agri clients. Although the amount of US soybeans rated good to excellent fell this week by 2%, they remain 8% ahead of last year and production prospects continue to look…