Sterling has remained relatively stable; Wheat prices in the UK remain firm; Last week saw a few drier days; Agriculture and farming are taking huge leaps forward using technology to improve the way we work; Uncertainty in the US/China trade deal has again sent the Chinese buyers looking to buy soya beans from Brazil.
Filtered by subject: South America
The UK market remains focused on new crop drilling concerns that next year there will be a smaller crop; As a result prices have firmed and finished the week at £152/T on the May 19 contract; The weather concerns also continue in the EU; The political focus remains on the Election; The Black sea is experiencing its own weather concerns with temperatures expected to drop sharply.
UK wheat risen steeply over last couple of weeks; Theresa May announcing resignation caused steep weakening of sterling against Euro and dollar; Weather in Midwest US has been wettest on record; Global grain followed US maize upward; Indications positive for wheat crops in Russia, Europe and UK; President Trump fuels trade disruption with 5% tariff against Mexico Exports; North Korea confirm outbreak of African swine fever near border with China
Sterling lower than since February; Firm bounce in new crop wheat prices; Maize planting delayed in US; Lack of clarity on US/China trade discussions; US farmers considering crop insurance pay-outs; Russia predicting good crop volumes; Germany crop predictions higher also; US Soya bean continues to fall due to delayed planting; China increase soya planting; US export below 5 year average whilst South America demand up on back of Trump trade war.