Are you new to liquid fertiliser or considering it as part of your crop nutrition programme? Or have you been using it for a while but would like to really make the most of the advantages that it brings?
There are many reasons to consider liquid fertiliser; it can deliver a host of benefits ranging from more precise applications and greater flexibility, to reduced use of plastics and can support you to make the most of your labour, machinery and space.
The United States Department of Agriculture (USDA) published its October World Agricultural Supply and Demand Estimates (WASDE) report last Friday but presented no bullish surprises which contributed to a softer spell for world wheat prices.
Minor cuts in production for Brazil, the EU, India and Russia, partly offset by increases for Ukraine, sees world production down 2.8 million tonnes on the previous estimate to a total of 794.08 million tonnes. However, this is still almost four million tonnes up on last year.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
During this year's harvest, the industry noted increasing reports of ergot appearing in cereal crops across the country. There are a few theories as to why it's increased over the last few years and why it's so prevalent this season, but it's important to bear in mind the picture can look quite different on a regional basis and there are many factors at play.
As we head into a new season, it's important to consider the potential impact of ergot, subsequent actions when it's found and any management considerations required in the field.
Geopolitical issues triggered spells of speculative short covering in futures markets this week. Trader concerns over the wider repercussions of a potential retaliation by Israel against Iran increased crude oil prices by over 3% on Monday to over $80/t, its highest since 19th July. This had a positive impact on other commodity markets, including wheat.
Away from the tensions in the Middle East, Russian missile strikes on two Ukrainian Black Sea ports, including Odessa, resulted in damage to grain carrying vessels - another reminder of the potential risk around shipping from the world's cheapest wheat source.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
Towards the end of last month, speculative traders extended their short positions in Paris wheat futures. They expected weaker prices due to the poor EU wheat export pace and Russia and Ukraine dominating world wheat trade.
Latterly, adverse EU weather raised concerns for winter planting which triggered some short covering and a lift in futures prices. However, news broke on Tuesday that Iran had launched a ballistic missile attack on Israel accelerated the short covering, leading to a sharp jump in all wheat futures markets.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Lucinda Redgate.
Further speculative fund short covering helped wheat prices move higher earlier this week. London wheat futures recovered £3 from last week's low, although further gains to match other wheat futures markets were capped by another spell of sterling strength. The pound reached its highest level against the euro and the US dollar since April 2022, with investors attracted by the Bank of England leaving the UK base rate unchanged as the Federal Reserve cut US interest rates by 0.5%.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by agronomist, Alex Pope.
The end of last week saw the United States Department of Agriculture (USDA) publish its September World Agricultural Supply and Demand Estimates (WASDE) report. Any expectations for a bullish report to boost prices were dashed.
World production was cut 1.5 million tonnes to 796.88 million tonnes and there was also a 900,000-tonne rise in consumption which presented a potential marked cut in year-end stocks. However, increases for carry-in Canadian stock to this season to align with StatsCan leaves year-end stocks up 600,000 tonnes on last month to a total of 257.22 million tonnes. Despite this being eight million tonnes down on last year, the market subsequently found ready sellers.
There was little to help the markets from the world corn balance sheet. Several analysts expected a cut for the US corn yield estimate, but it was increased by one million tonnes.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
Wheat futures prices have stabilised over the past week, sitting approximately 7% above their August lows. There is an increasing number of supporting elements to hold prices up, but nothing sufficient enough to move them on to another level yet.
Strong Russian and Ukraine exports dominate world trade and spot Russian wheat offers remain anchored at about $218/t FOB, failing to follow outside markets higher. The lack of rain and low soil moisture for drilling crop '25 is an additional watch for an extensive area covering Eastern Ukraine, Russia and Kazakhstan. Russian winter drilling is reported to be at its slowest pace since 2013 because of the dryness. According to the Ukraine Ministry of Agrarian Policy and Food, just 2% of Ukraine winter wheat area is planted due to record high temperatures and dryness.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by agronomist, Alex Pope.
Each year, we see a huge amount of interest in the incorporation of wildflowers on farm and we work closely with our customers to ensure the correct species and mixtures are chosen to meet their specific requirements.
If you're thinking of adding wildflowers to your farm, it's worth noting their establishment and maintenance can sometimes be challenging if not planned properly. It's therefore important to be clear about the objectives you are wanting to meet to ensure you achieve the best long-term results. In this blog, I'm covering how to choose the right mix to meet your goals, where and how best to establish the crop and what you need to consider in terms of ongoing management.
Wheat markets have enjoyed a buoyant start to September. Just three days into the new month Paris futures topped a 9% price gain from their contract lows seen trading during the last week of August. With the US and EU harvests nearing completion and harvest farm selling pressure drying up, trade liquidity has become an issue at the lower price levels. Speculative short covering has provided buying interest, although the primary negative wheat price driver remains in play.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
This season's leisurely pace of EU wheat exports is contributing to market negativity. To the week ending 25th August, exports are ahead by 238,000 tonnes to a total of 3.927 million tonnes which compares with 5.038 million tonnes last season.
There is a lower surplus of around 27 million tonnes which is four million tonnes below last year. According to analysts Stratégie Grains, this figure will leave a carryover stock almost four million tonnes lower than the carry in. Therefore, it would be premature to be overly concerned for the slower export pace at this stage.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by agronomist, Alex Pope.
In this blog - originally published as an article in the June issue of Crop Production Magazine - SOYL technical manager, Simon Griffin and head of crop nutrition, Ed Downing, share the value of data collection and how the insights can be used to make more informed, evidence-based decisions.
Poor EU wheat export demand, particularly for French wheat, sent Paris wheat futures to their lowest levels since the middle of March.
EU wheat shipments were up just 337,000 tonnes on the week to 3.553 million tonnes which compares to 4.527 million tonnes in the same period last year. Romania is the top EU shipper so far with close to 1.5 million tonnes, almost three times the French pace. Egypt has received the most wheat with imports of 505,000 tonnes, followed by Nigeria and Morocco.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
On Monday this week the United States Department of Agriculture (USDA) published its August World Agricultural Supply Demands Estimate (WASDE). Traders expected to see a slight increase in US wheat production, but despite seeing a higher yield, the USDA also saw a smaller harvested area. This left US wheat production dropping from the previous estimate of 54.66 million tonnes to 53.93 million tonnes.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Lucinda Redgate.
Oilseed rape (OSR) has the potential to be one of the most profitable break crops in a rotation, but it isn't without its challenges. Most notable are the difficulties in establishing, maintaining and protecting the crop from cabbage stem flea beetle (CSFB).
With the right guidance and support, OSR can deliver profitable margins for your business. But ultimately, crop success is dependent on good establishment so in this blog we're sharing some of the ways to help achieve this.
Improving production prospects for US wheat and corn has encouraged speculative funds to build near record short positions in Chicago Board of Trade (CBOT) futures, sending markets to contract lows at the end of July. The subsequent weakness in the US dollar – which has enabled US grains to be more competitive in export markets - has allowed for a modest wheat price recovery, but strong crop ratings temper any notable buying enthusiasm.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Becca Russell.
Up until Wednesday, the past week has seen the bears take control of the market.
London wheat futures for the November contract opened at £195.75/t last Thursday before shedding £8.50/t to a low of £187.25/t on Tuesday – they recovered by close of play Wednesday.
Paris wheat futures for the December contract followed a similar pattern. They opened at €231.25/t last Thursday, then dropped by €9.75/t to a low of €221.50/t and recovered on Wednesday by closing at €227.50/t.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The week's report is read by agronomist, Alex Pope.
Reports of poor quality and plunging crop ratings triggered a sharp price rally for wheat futures markets earlier this week, as the French wheat harvest progressed northwards. Paris wheat futures found strength, adding 12 euros from its recent low last week.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Lucinda Redgate.
This year we've continued to see an elevated amount of storage challenges across the industry, a problem faced by both farmers and professional stores alike.
Last year's harvest was a mixed affair depending on your geographical location, but most experienced a very catchy harvest with varying bulks being presented to stores.
In a lot of scenarios this meant putting product into store that covered many variables (dried, not dried, hot, cool, lower quality, ad-mix etc). For storekeepers, this once again meant that bringing the bulks down in a quick, efficient and consistent manner also put a strain on store equipment.
Looking at the crop that is destined for harvest this summer, the words 'variable quality' probably don't do the challenge facing farm and commercial stores justice. On top of this, there may be some stores which aren't fully emptied ahead of harvest.
Last Friday, the United States Department of Agriculture (USDA) published its July World Agricultural Supply and Demands Estimates (WASDE) report, making notable increases for 2024 world wheat production which was increased by 5.4 million tonnes on the previous report.
This was particularly bearish data which triggered another wave of speculative fund selling and subsequently, the Chicago Board of Trade (CBOT) wheat futures lost a further 6% of their value - striking new contract lows.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by agronomist, Alex Pope.
