"Historically we had 2000T in pools, however, after two years with CRM Agri we now market all our grain independently and our results at the very least match and usually beat the pools"

Pete Collins, MJ & SC Collins, Essex

CRM Agri Independent Grain Marketing

5

2018-06-04T16:35:11+01:00

Pete Collins, MJ & SC Collins, Essex

"Historically we had 2000T in pools, however, after two years with CRM Agri we now market all our grain independently and our results at the very least match and usually beat the pools"

https://crmagri.com/testimonials/pete-collins/

"It's not just about yield but getting the best price for what we produce, particularly in tough times. The independent advice from CRM Agri gives us the insight we need to understand the markets and increase our profitability"

Ali Wade, Kinrah Farms, Wiltshire

CRM Agri Independent Grain Marketing

5

2018-06-04T16:34:42+01:00

Ali Wade, Kinrah Farms, Wiltshire

"It's not just about yield but getting the best price for what we produce, particularly in tough times. The independent advice from CRM Agri gives us the insight we need to understand the markets and increase our profitability"

https://crmagri.com/testimonials/ali-wade/

"Farmers don’t have time to analyse what’s happening all over the world, which makes the strategy CRM Agri gives us invaluable. We concentrate on growing the crop and rely on CRM to provide us with the strategy to get the best price we possibly can"

Christopher Heneage, Heneage Estates, Lincolnshire

CRM Agri Independent Grain Marketing

5

2018-06-04T16:34:04+01:00

Christopher Heneage, Heneage Estates, Lincolnshire

"Farmers don’t have time to analyse what’s happening all over the world, which makes the strategy CRM Agri gives us invaluable. We concentrate on growing the crop and rely on CRM to provide us with the strategy to get the best price we possibly can"

https://crmagri.com/testimonials/christopher-heneage/

"I use the team at CRM to challenge my thoughts on pricing and where the market might go help my clients achieve a better price, it also provides the owners of the farms we manage with the confidence that their grain is being marketed independently and professionally"

Alex Bragg, Savills Food & Farming, Head of Eastern region

CRM Agri Independent Grain Marketing

5

2018-06-04T16:33:28+01:00

Alex Bragg, Savills Food & Farming, Head of Eastern region

"I use the team at CRM to challenge my thoughts on pricing and where the market might go help my clients achieve a better price, it also provides the owners of the farms we manage with the confidence that their grain is being marketed independently and professionally"

https://crmagri.com/testimonials/alex-bragg/

5

4

CRM Agri Independent Grain Marketing

CRM AgriCommodities

Independent Agri Commodity Insights

February 10, 2022

February WASDE and StatsCan Insights

Our full opinions and analysis of the WASDE will be published in next week’s weekly reports, get in touch for subscriptions.

In the latest February USDA WASDE, on the face of it, not many significant or unsurprising changes were made. Wheat was the more bullish aspect of the February WASDE with additional trims to stock estimates.

Wheat

Overall, there were very little changes made to global wheat supply and demand estimates. US stocks increased marginally, as did stocks in Argentina due to an increase in export estimates. Canadian stocks were also downgraded due to increased domestic usage.

Corn

On the whole, the February WASDE wasn’t very inspiring, with only minimal changes, mostly expected.

Chinese corn demand was maintained at 26Mt, while US supply and demand estimates were left unchanged.

Corn production in Argentina was also maintained at 54Mt, while Brazilian corn estimates were downgraded by just 1Mt to 114Mt.

Soy

US soybean ending stocks were reduced, down to 8.84Mt, down from 9.51Mt in January.

Soybean production in Brazil was downgraded to 134Mt, down from 139Mt in January. In Argentina, production was also downgraded to 45Mt, down from 46.5Mt.

The fall in South American production likely linked to projections for a decrease in Chinese soybean imports, down 3Mt to 97Mt.

Other Data

Statistics Canada last night released December stocks data, with wheat and rapeseed both exceedingly tight. Canola stocks at just 7.56Mt were down significantly from the 13.28Mt in December 2020. Wheat stocks were also significantly lower year on year at 15.56Mt down almost 10Mt from the 25.1Mt at the end of 2020.

If you think you can benefit from an independent partner to provide you with forward looking market analysis, opinions forecasts, get in touch. Our analysts are always on hand to answer the key question affecting your business decisions. Get in touch

Receive daily market updates to your inbox | Find out more about our services | Read more articles

CRM AgriCommodities - 2019 ©