Executive Summary

Merry Christmas & Happy New Year


May 18 Liffe wheat closing today at just £2 higher than it started the year…let’s hope that 2018 is more read more >>

USDA once again paint dovish picture


The USDA again reminded us that the old crop balance sheet is comfortable but global cereal stocks are still fo read more >>

Markets continue to erode lower


The global old crop over supply was increased further this week with the developing La Nina system offering som read more >>

Black sea wheat still burdensome


The global grain market remains pressured by plentiful Black Sea supply (/files/nov 30 17 exec.pdf) read more >>

USDA failed to excite markets


The usual blizzard of statistics from the USDA was slightly bearing, but the chances of La Nina increased and has to read more >>

Buy the rumour sell the fact reaction to BOE


UK wheat traded to a 7 week low on firmer sterling prior to the dovish BOE outlook spooked the GBP and prices bounce read more >>

Market focus on weather conditions across US and Europe


Global grain markets continue to trade in a very narrow range with nothing in mix to excite the Funds one way or the read more >>

Global grain markets volatility falls


Not much excitement this week with increased volumes of international buying comfortably met by willing sellers acro read more >>

Barish USDA Report puts grain prices under pressure


A big release of mostly bearish cereal data this week, which has pushed Chicago wheat back towards contract lows giv read more >>

Defra Wheat production surprise


The high Defra wheat crop estimate had minor impact on our market as producer retention continues to support prices. read more >>

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