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Frontrunner
By Frontier AgricultureNews
Frontrunner episodes
- Frontrunner - 5th June 2020
Rain arriving in the UK, northern Europe and Black Sea countries has been viewed as beneficial for the drought-stricken wheat crops in these regions, triggering a wave of selling on wheat futures markets earlier this week.
UK prices suffered particularly, losing as much as 40% of the gains they made during May. Values were not helped by the 1% gain of sterling against the euro. However, there was a notable turnaround on Thursday, led by wheat futures from the US Chicago Board of Trade (CBOT), which rallied to a six-week high...
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11 min - Frontrunner - 29th May 2020Damaging heat and prolonged dry weather coupled with a fall in the value of sterling versus the euro have driven wheat prices higher again this week. Since the beginning of May, London 2020 wheat futures have gained almost £15/t. This is a particularly impressive performance when compared to French wheat futures, which, over the same period, have increased by little more than €3. Unfortunately, not all farmers will benefit from this. The prolonged wet drilling conditions throughout the autumn and winter period prevented planting in vast areas of the country and will result in the smallest UK wheat crop since the 1970s.
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9 min - Frontrunner - 22nd May 2020World wheat markets had a poor start to the week as traders digested the bearish United States Department of Agriculture (USDA) World Supply and Demand report published last Tuesday. The report signalled ample grain supplies for the coming season and US wheat futures fell to lows not seen since last September. However, prolonged dry weather is adversely affecting the wheat production prospects for some of the primary producers across the Northern Hemisphere and leading officials and analysts to lower their crop estimates. This triggered a wave of buying mid-week and wheat futures rallied sharply.
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10 min
About Frontrunner
From the publisher's feed
Frontrunner is the weekly grain marketing update from Frontier Agriculture. Covering wheat, barley, oilseed rape, pulses, seeds and fertiliser, we make sure growers can keep up to date with the latest…
developments while on the go.
Hosted on Acast. See acast.com/privacy for more information.
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