"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/

"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/

5

4

CRM Agri Independent Grain Marketing

CRM AgriCommodities

Independent Agri Commodity Insights

April 1, 2020

The perfect storm for grain prices?

Even if Europe is apparently no longer the epicentre of the COVID-19 outbreak, logistical disruptions, panic buying and currency swings are still ongoing across the bloc with unprecedented measures taken at a state level rather than at a unified EU level. Coupled with prevailing dryness across the Black Sea and a 7MMT grain export quota in Russia from April to June 2020, wheat saw an extreme period of volatility in March. The May-20 Euronext wheat futures contract traded within a 23.75€/T range, falling to a 7-month low on Mar 12th before soaring toward its long term resistance level at 198.00€/T.

On the physical market, Russian wheat prices have reached their highest level on record (in RUB/T terms) due to a tumbling rouble driven by collapsing energy prices, whilst seeing strong demand from domestic millers. The 3-month grain export quota is in line with market expectations, but it signals that if crop conditions for the 2020 harvest were to deteriorate further, the Kremlin could easily extend this political decision into the next marketing campaign. Similar stories are reported in Ukraine and Kazakhstan whilst the EU wheat crop is set to drop by more than 10MMT on last year.

Even if the impact of the COVID-19 outbreak on demand is unknown, the tightening wheat stocks in the Black Sea and in Europe coupled with the period of ‘weather market’ ahead of us set the scene for a very turbulent 2020/21 marketing season.

View the latest COVID-19 map update from John Hopkins University

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