Important updates and advice regarding coronavirus (Covid-19)

Frontrunner - 10th May 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Weather and politics send markets lower Changing weather conditions brought rain to the UK and the near continent this week. This was seen as beneficial for wheat crops and triggered a fall in French and London wheat futures, pushing them down to fresh contract lows.In recent weeks, new crop wheat prices have traded in a narrow range, support...
Continue reading
  1527 Hits
  0 Comments
1527 Hits
0 Comments

8th May 2019 - Midweek market report

Wheat-Sampling-2
UK feed wheat markets remain under pressure after Friday's sharp £3.80 futures sell-off. May LIFFE hasn't traded since then and open volume sitting on the exchange is around 60,000t, which could add further pressure to old crop prices if tendered. Consumer demand is understandably quiet as markets have a decidedly bearish feel to them and, for any ...
Continue reading
  1497 Hits
  0 Comments
1497 Hits
0 Comments

Frontrunner - 3rd May 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Offered market as sellers exit Old crop markets have slipped lower during the week as more abundant supplies of both feed wheat and quality wheat seek demand. Buyers have taken the majority of their old crop cover now, however, the transition month of July to new crop could still prove interesting. Confidence grows that the UK balance sheet w...
Continue reading
  1534 Hits
  0 Comments
1534 Hits
0 Comments

Midweek market report - 1st May 2019

Wheat-Sampling-2
Wheat markets took a distinctly bearish turn yesterday, with EU markets and London futures led lower by the US wheat market. The winter wheat tour got underway in the US Southern Plains and saw good looking wheat crops with strong yield potential. Yields are estimated to be well above last year and at three year highs. CBOT Hard Red Winter wheat fu...
Continue reading
  1358 Hits
  0 Comments
1358 Hits
0 Comments

Frontrunner - 26th April 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT UK demand dwindling Old crop futures and physical prices continued to feel the pressure this week as buyers proved hard to find. Consumer buyers remain absent from the market and their hand-to-mouth approach seems to be working, as May LIFFE futures lost another £3 since returning from the Easter break. We have now entered the first notice pe...
Continue reading
  1591 Hits
  0 Comments
1591 Hits
0 Comments

Midweek market report - 24th April 2019

Wheat-Sampling-2
While many of us enjoyed the Easter weekend weather, both winter and spring crops were looking very thirsty as the British Isles broke temperature records. However, with rain now in the forecast and the weather pattern changing both here and in much of Western Europe, wheat futures markets started the working week with a bump lower. Concerns that t...
Continue reading
  1568 Hits
  0 Comments
1568 Hits
0 Comments

Frontrunner - 18th April 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Rising Russian wheat crop estimates weigh on markets 2019 harvest wheat crop prospects for one of the world's most influential producers are improving according to the latest publications seen from analysts this week. Favourable autumn conditions and a kind winter coupled with uninterrupted spring drilling have seen the wheat area increase by...
Continue reading
  1477 Hits
  0 Comments
1477 Hits
0 Comments

Frontrunner - 12th April 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT USDA publish a bearish report The USDA published their April World Supply and Demand report on Tuesday afternoon and, as expected, it held bearish data – particularly for corn. World corn production jumped six million tonnes, with increases seen for most of the major producers. Argentina, Brazil and Mexico were up, reflecting the favourable g...
Continue reading
  1662 Hits
  0 Comments
1662 Hits
0 Comments

Mid-week market report - 10th April 2019

Wheat-Sampling-2
The USDA published their April World Supply and Demand report yesterday and, as expected, it held bearish data – particularly for corn. World wheat production was put marginally lower at 732.87 million tonnes but falls in consumption saw year end stocks increase by five million to 275.61 million tonnes. This is just six million tonnes down on the y...
Continue reading
  1355 Hits
  0 Comments
1355 Hits
0 Comments

Frontrunner - 5th April 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT UK markets look to new crop A week is a long time in politics and it seems even longer in the grain trade with old crop markets fading again this week. Remaining markets are focused on sourcing final July cover; the last stop for consumers before significantly cheaper new crop supplies are available. Attention is now turning to new crop for c...
Continue reading
  1483 Hits
  0 Comments
1483 Hits
0 Comments

Mid-week market report - 3rd April 2019

Wheat-Sampling-2
The UK market continues to be in a state of confusion regarding our wheat crop size, and Brexit. As we enter the final quarter of the cropping year, there is no clarity on the UK wheat crop size. Estimates vary, from DEFRA projecting an area equating to a 13.95 million tonne crop, to the Basic Payment Scheme (BPS) survey suggesting a 100,000 hectar...
Continue reading
  1438 Hits
  0 Comments
1438 Hits
0 Comments

Frontrunner - 29th March 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT UK wheat prices flatten Domestically, futures and delivered markets remain thin with a large portion of the old-crop market still to play out. Northern feed wheat premiums remain elevated to encourage the trade-flow of grains from further south but, in the main, consumers remain subdued with a 'hand-to-mouth' approach to buying. This said, lo...
Continue reading
  1730 Hits
  0 Comments
1730 Hits
0 Comments

Mid-week market report - 27th March 2019

Wheat-Sampling-2
Global markets are increasingly focused on weather patterns and the size of the US fund short for fresh direction. Widespread flooding and below average temperatures in the US plains and Midwest remains a flag for growing crops, while warmer forecasted weather could compound the problem as snow-melt will add to ground moisture levels. Conversely, s...
Continue reading
  1563 Hits
  0 Comments
1563 Hits
0 Comments

Frontrunner - 22nd March 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Spring is the season of risk Market support has held in wheat markets since the lows of the previous week. Speculators have large bearish positions laid on in grains for crops that are still very exposed to adverse planting and growing conditions as dormancy breaks. The strength of rebound in wheat futures has been largely led by corn as mark...
Continue reading
  1525 Hits
  0 Comments
1525 Hits
0 Comments

Frontrunner - 15th March 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Turbulent wheat markets The world's wheat markets started the week extending their recent downward trend. Speculative fund selling took the US CBOT wheat futures to contract lows on Monday, pulling European and UK wheat futures lower too. Their motivation comes from slow US wheat export pace and expectations for a bounce back in production fo...
Continue reading
  1551 Hits
  0 Comments
1551 Hits
0 Comments

Mid-week market report - 13th March 2019

Wheat-Sampling-2
World wheat markets continued to move lower at the beginning of the week, extending the trend we have seen since the beginning of 2019. Speculative funds took their short positions to over 120,000 contracts in US wheat futures markets, leaving them technically very oversold and due a bounce. The funds seem driven by the poor US wheat export pace an...
Continue reading
  1645 Hits
  0 Comments
1645 Hits
0 Comments

Frontrunner - 8th March 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT UK old crop sinks lower The absence of any significant consumer demand facilitated a further £5/t drop in futures and delivered prices this week. To some extent, this season the UK wheat grower has been sheltered slightly from rock-bottom global prices because of currency but UK markets followed the rest of the world lower this week. Due to t...
Continue reading
  1553 Hits
  0 Comments
1553 Hits
0 Comments

Mid-week market report - 6th March 2019

Wheat-Sampling-2
​ Wheat For the first time in a while, futures markets closed yesterday slightly firmer in the UK, EU and USA despite nothing fundamentally bullish to fuel the support. In the USA, widespread freezing conditions and snow continue to cause logistical issues for the transportation of grains which has increased nearby delivered prices. However, crops ...
Continue reading
  1450 Hits
  0 Comments
1450 Hits
0 Comments

Frontrunner - 1st March 2019

BLOG---Frontrunner-Post-Cover-Header
WHEAT Negative world markets World markets are currently showing little signs of recovery whilst major exporters compete to win upcoming tenders. Coupled with this, we're also seeing non commercial funds willing to sell wheat lower given the promising outlook of wheat production for 2019. UK finding some support UK markets found support this week f...
Continue reading
  1594 Hits
  0 Comments
1594 Hits
0 Comments

Market report - 28th February 2019

Wheat-Sampling-2
The significant fall in US and EU wheat markets at the beginning of the week has gathered momentum as funds/speculators continue building their short positions of wheat and corn. However, there was some recovery on Wednesday for both old and new crop. Saudi Arabia will tender for 595,000 tonnes of wheat on Thursday and it will be interesting to see...
Continue reading
  1218 Hits
  0 Comments
1218 Hits
0 Comments

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of the site have already been set. To find out more about the cookies we use and how to delete them, see our Cookie Policy.

OK