News Focus

Highlights - B


Focus Grid

Markets fall as a result of multiple pressures

Despite the recent downsizing of US wheat production by the USDA, grain prices have fallen further on the back of favourable weather in the USA, lower crude oil prices, higher…

Listing: Modern

Listing: Grid Overlay

Listing: Tall Overlay

Listing: Blog

Listing: Timeline

Listing: Classic

Markets fall as a result of multiple pressures

0

Despite the recent downsizing of US wheat production by the USDA, grain prices have fallen further on the back of favourable weather in the USA, lower crude oil prices, higher global wheat inventories forecast and Northern Hemisphere harvest pressure. AHDB analysts describe the USDA report as having a ‘neutral to bearish sentiment’ which helped push November 26 UK feed wheat futures below £179.00/t. The pressured sentiment isn’t helped by an expected large South American maize crop and improving crop conditions in France, Germany and Poland, while additional rain in eastern Europe has also supported yield potential. In addition, President Trump…