Last week old crop gave up a large chunk of the recent rally, negotiations have started around the Black Sea Corridor and its possible extension beyond March
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With large numbers across the industry absent for half terms breaks, last week was a pretty quiet affair and the recent rally, having no fresh news to feed it, ran out of steam. See more on #grainmarketing in this week’s report.
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Check out our latest article about our full Spring Cereal range here!
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China stepped into the market buying over 1 million tonnes of barley from France; sourcing both old crop, with shipments extending into new crop harvest 2023. See more on #grainmarketing in this week’s report.
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Our 2023 Gamecover booklet is out now!
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Markets had a second positive week, ending a modest £2 higher to settle at roughly early January levels and it does look like we have a solid floor in the market for the time being
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Read our latest news and information from the Bartholomews departments in January here!
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Welcome rains in Argentina helped the ongoing development of the wheat crop, while lower production numbers from the Black Sea helped to support values of global grains markets. Find more info in #grainmarketing in this week’s report.
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Fodder beet can be a useful spring sown forage crop, providing high fresh and dry matter yields.
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With an estimated NET export wheat surplus of 2 mln MT, the UK needs to increase its shipping pace to avoid carrying stock into Harvest 2023. Find out more about our import/export parity in this weeks report.
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Our latest YouTube video featuring Berkshire Farm Girl aka Eleanor Gilbert and Rookery Farms reviews the importance of quality seed, selection with end markets in mind and how Bartholomew’s help farmers with a complete package service.
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Since the New Year there has been plenty of interest around from both sides of the market but sellers are seemingly reluctant to accept the lower values now on offer particularly for feed grains. On quality markets the large premiums still available make things a little more palatable.
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Read our 2022 review here!
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For the final note of the year, it’s worth taking stock of where we have arrived at after the most tumultuous years trading any of us has seen.
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Grains showed some signs of life this week , enjoying a couple of positive days before eventually settling lower as the latest WASDE loomed late Friday. Was this the much fabled ‘dead cat bounce’ or the first signs of a rebound after a lengthy sell off?
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We are seeing Uk & European gas prices starting to rise again as the temperatures begin to fall. The gas futures are portraying higher levels for Q1 of 2023 and this will inevitably increase the cost of production of nitrogen products.
Read MoreMarkets had another tough week and must now be said to have broken out on the downside from what was a well established three month old support level.
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The USA published weak economic data on Wednesday before heading off into the Thanksgiving shutdown. Sterling ended the weak at a three-month high against the Dollar, which contributed to home grain prices hitting recent lows.
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Our maize booklet for the 2023 season is out now!
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As widely expected, the Black Sea corridor deal was extended so now we can all talk about something else for a while, at least until it expires again in four months time.
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