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Wheat

EU wheat gains momentum

Matif wheat has finally snapped a 6-week losing streak, bouncing off a near 9-month low, amid renewed export optimism with some questioning if a seasonal low was scored at the beginning of the week  ahead of the weather market and with fund positions so short. Major importers, particularly northern African…

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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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