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CRM AgriCommodities Market Review – 31st August 2018

Despite tight fundamentals domestically and globally, UK wheat snapped a 4-month winning streak amid a dearth of fresh news and funds liquidation on Chicago. OSR values remain torn between the tightening global balance sheet for OSR/canola and declining soybean prices which are under the influence of a US soybean crop

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Grains mostly lower in the aftermath of the USDA WASDE report

Cereals In the aftermath of the April USDA WASDE report and amid a lack of fresh news, grains took a breather today. Spring plantings continue to be delayed across the Northern hemisphere due to frustrating ongoing wet weather. Such conditions also lead to delays in black grass control and consequently fungicide programs in…

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Ag markets higher amid poor US winter wheat conditions and growing concerns in Argentina

Cereals Wheat prices continued higher today amid confirmation of poor conditions across the US Plains resulting in funds short-covering. In yesterday’s monthly crop condition report, the USDA showed that the share of ‘GD/EX’ winter wheat ratings across key producing states has fallen considerably since the end of December. In Kansas…

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