Executive Summary

Will Demand overcome Supply?


Ongoing export demand encouraged a short covering rally this week…new crop production prospects remain s read more >>

US Funds continue to build massive short positions


The bearish US Funds remain fully in control as they continue to add to their massive short positions on the Chicago read more >>

Politics & funds drive markets lower


US Funds continue to drive grain markets lower and are finding little resistance from physical traders/end user read more >>

Funds sell global wheat markets


Despite improving EU wheat exports and a tight UK balance sheet, a US Fund led sell-off triggered sharp losses  read more >>

World grain markets tumble & UK follows


A quiet week until last night when poor US wheat export sales, falling international prices and lack of progres read more >>

BPS data suggest less wheat was planted last season!


A 108k ha English 2018 wheat area difference (BPS vs June census data) which could make the end of season very  read more >>

Who will crack first: farmers or consumers?


A choppy week on the market with domestic old crop wheat delivered premiums starting to widen as farmer long ho read more >>

UK bucks firmer World wheat price trend


UK markets remain pressured by strengthening Sterling which has prevented domestic prices rallying in line with inte read more >>

UK markets broke lower this week.


Firmer Sterling and more forecasts of sharply higher European production in 2019 weighed on prices, but still a read more >>

Market start New Year with all eyes on Brexit


Markets remain trapped in a very narrow trading range with a lack of fundamental developments and apparent Brex read more >>

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