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New contract lows across the board

With the 2018/19 marketing season coming to an end, attention is now turning to the improving 2019 crop outlook although harvest is still far away. As expected, US winter wheat conditions have continued to improve in recent weeks with soil moisture in the central Plains much higher than normal and…

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UK grains await further Brexit news

For a second consecutive week, domestic prices remained pretty static on both old and new crop with the former trading above £160/T spot and the latter around £140 for Nov-19 movement. Top spec milling wheat is still in good demand with premiums standing at/close to their campaign highs.  Further Brexit…

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CRM AgriCommodities Market Review – 25th February 2019

LIFFE feed wheat futures have embarked on a recovery move with the May-19 contract attempting to break through the short-term £167/T mark whilst on new crop, Nov-19 is back to the key £150/T psychological level. Over the past week a strong rally in the GBP has put domestic OSR under

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CRM AgriCommodities Market Review – 18th February 2019

What a week for wheat which has continued lower on weakening Russian prices, political noise and a positive outlook for the 2019 harvest in both the EU and the Black Sea. Click here to read this week’s Market Review report.

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CRM AgriCommodities Market Review – 11th February 2019

Despite the importance of Friday’s USDA report after missing a plethora of data since the US government shutdown, the market remained subdued with little changes made to the wheat S&D. The recent soybean ‘bullish stories’ emerging from South America due to drought in Brazil and excessive moisture in Argentina will

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