Frontrunner - 12th August 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

By the 7th August, EU wheat exports reached 2.49 million tonnes; this is marginally ahead of last year. However, Brussels state the data is incomplete and private analysts see shipments 30% ahead of last year. French shipments alone are thought to be at least half a million tonnes understated.  . Major world wheat importers have all sourced a significant proportion of their purchases from freely available EU supplies due to the continued challenges and restrictions on Ukrainian and Russian origins.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Sophie Powell. 

Continue reading
  594 Hits
  0 Comments
594 Hits
0 Comments

Frontrunner - 5th August 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

One grain ship leaving a Ukrainian Black Sea port was sufficient for world wheat futures markets to come under notable selling pressure this week. US Chicago Board of Trade (CBOT) wheat fell to a six-month low.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report is read this week by marketing assistant, Faye Lee.

Continue reading
  642 Hits
  0 Comments
642 Hits
0 Comments

Frontrunner - 29th July 202

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

This week, the world's wheat futures markets have recovered all the losses they took last Friday. Prices then fell sharply due to Russia and Ukraine signing a deal with Turkey and the United Nations (UN). The deal set out to ship trapped wheat and other grains and oilseeds from Ukraine's Black Sea ports.  However, the market is now reacting to the reality that shipping through these ports will, for some time, be a slow process as there are challenges in securing the resources needed to resume operations whilst the hostilities with Russia continue.

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. 

Continue reading
  672 Hits
  0 Comments
672 Hits
0 Comments

Frontrunner - 22nd July 2022

BLOG---Frontrunner-Post-Cover-Header

​ Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

After weeks of talks and negotiations, Turkish officials said that a deal to allow safe Ukrainian grain exports from Black Sea ports would be signed at a ceremony in Istanbul on Friday 22nd July 2022. Russia and Ukraine are reported to have reached agreement with the UN and Turkey although at the time of writing there has been no official confirmation from either Russia or Ukraine and the details of the agreement have not been released.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Faye Lee.

Continue reading
  798 Hits
  0 Comments
798 Hits
0 Comments

Frontrunner - 15th July 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

On Tuesday, the United States Department of Agriculture (USDA) published its July updates to its World Agricultural Supply and Demands Estimates (WASDE) report. Revisions were relatively mild but continued long liquidation on futures markets was encouraged by increases to production estimates and stocks for US wheat and corn, as well as cuts to world demand figures for each commodity resulting in a higher stock than the previous month.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Sophie Powell.

Continue reading
  778 Hits
  0 Comments
778 Hits
0 Comments

Environmental Land Management blog series: 1/ We answer your questions about the scheme

MicrosoftTeams-image-4

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

While the industry appears to have well and truly embarked on the transition into a 'new era' now, a level of uncertainty remains around the new funding opportunities and ongoing changes to agri-environment schemes.

Continue reading
  630 Hits
  0 Comments
630 Hits
0 Comments

The value of pod sealants for oilseed rape

Frontier-Aylsham-2.7.2015-0099

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

The economics of growing oilseed rape have fundamentally changed over the last few years. Throughout this period, we have seen its value move from approximately £320/t in harvest 2020, to £440/t in 2021, to the heights of 2022 of £900/t. Currently, this has come back to £550/t for harvest. The crop has never been so valuable.

Continue reading
  408 Hits
  0 Comments
408 Hits
0 Comments

Frontrunner - 24th June 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

World wheat futures have fallen sharply this week, as highlighted by the US Chicago Board of Trade (CBOT), for which wheat values declined almost 9.5% since last Friday's close. These losses have been driven by fears of demand destruction in light of failing economies, unaffordable high commodity prices and grain that remains trapped in Ukraine.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Faye Lee.

Continue reading
  781 Hits
  0 Comments
781 Hits
0 Comments

Frontrunner - 17th June 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

Late last Friday, the United States Department of Agriculture (USDA) published its June World Agricultural Supply and Demand Estimates (WASDE) report but it made few changes to the previous month's wheat and corn world balance sheets. However, markets rallied from the low levels of trading before the report, where traders had squared long positions in case of bearish data.

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. 

Continue reading
  796 Hits
  0 Comments
796 Hits
0 Comments

Frontrunner - 10th June 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

Recent market weakness has been driven by expectations that a solution will be found for releasing trapped Ukrainian grain for shipment through Black Sea ports. This week, meetings took place in Turkey with Russian officials to secure safe routes for grain exports. Russia said that Ukraine must demine approaches to ports and that Russian forces would check ships entering Ukrainian ports which could then load grain and proceed to international waters.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Faye Lee.

Continue reading
  839 Hits
  0 Comments
839 Hits
0 Comments

Frontrunner - 27th May 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

Wheat futures markets have again been volatile this week and have fallen sharply with losses extending by over 10% from the record highs reached earlier this month. Long liquidation and speculative selling gathered pace in response to newswire reports that Russia would provide a humanitarian corridor for vessels carrying food to leave Ukraine. Analysts estimate that over 21 million tonnes of grain will be trapped in Ukraine by the end of this season due to the Russian navy blockade of the country's Black Sea ports. The loss of Ukrainian grain supplies to the world's major importers has been the primary wheat price driver since the Russian invasion in February and has been the main element contributing to the prevailing global food crisis.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Faye Lee.

Continue reading
  964 Hits
  0 Comments
964 Hits
0 Comments

Frontrunner - 20th May 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

The world's wheat futures markets opened the week with another notable rise in prices, setting new record highs following the news that India would ban wheat exports with immediate effect. The Indian government reacted to fears of an intense heatwave during March which cut yields, sending the country's domestic prices to record highs.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Sophie Powell.

Continue reading
  1237 Hits
  0 Comments
1237 Hits
0 Comments

Frontrunner - 13th May 2022

BLOG---Frontrunner-Post-Cover-Header

Problems accessing this blog? Click here to go to our main blog feed where you'll be able to see our latest post at the top.

The United States Department of Agriculture (USDA) published its May World Agricultural Supply and Demand Estimates (WASDE) report this week along with its eagerly awaited first look at the 2022-23 season. The report contained lower than expected production for US winter wheat and corn. Additionally, it outlined lower than expected world wheat stocks which sent markets sharply higher again. European wheat futures rallied again and set new contract highs.

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. 

Continue reading
  947 Hits
  0 Comments
947 Hits
0 Comments

Frontrunner - 6th May 2022

BLOG---Frontrunner-Post-Cover-Header

The primary price driver for the world's wheat markets continues to be the impact on supply chains resulting from the conflict in Ukraine. Traders have been assessing how the world's major wheat importers can source alternative wheat supplies and had found that India was able to fulfil some of the shortfall. India had been expecting to harvest a record wheat crop of up to 111.3 million tonnes, which would be its fifth consecutive year of record production. Furthermore, its wheat exports had the potential to reach eight 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, Faye Lee.

Continue reading
  936 Hits
  0 Comments
936 Hits
0 Comments

Navigate grain market volatility with price and trading tools in MyFarm

frontier_truck_loading_low_res

The current volatility of global markets and commodity prices is well documented; in recent weeks, there have been price swings that have never been experienced before. While it makes for some interesting market behaviours, knowing when to react in terms of buying and selling can be a challenge, particularly when prices are changing in a matter of minutes.

Continue reading
  614 Hits
  0 Comments
614 Hits
0 Comments

Frontrunner - 18th March 2022

BLOG---Frontrunner-Post-Cover-Header

Wheat futures continued to see volatile trading this week as the trade reacted to the impact of the worsening conflict between Russia and Ukraine. There were early notable falls in prices with reports that peace talks between Russia and Ukraine were making some headway and that all five of Russia's Black Sea ports were operating normally for grain shipments.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report is read this week by marketing assistant, Faye Lee.

Continue reading
  1383 Hits
  0 Comments
1383 Hits
0 Comments

Frontrunner - 11th March 2022

BLOG---Frontrunner-Post-Cover-Header

The escalating conflict following Russia's invasion of Ukraine and subsequent fears for future wheat supplies from the Black Sea led to extreme volatility in the wheat market this week, resulting in new record highs for futures markets. Wheat futures rose to their highest on record this week, with Paris futures exceeding €400/t and London futures rising above £300/t, breaking the previous record set in 2008.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Sophie Powell.

Continue reading
  1296 Hits
  0 Comments
1296 Hits
0 Comments

Frontrunner - 4th March 2022

BLOG---Frontrunner-Post-Cover-Header

Wheat markets have been extremely volatile this week due to the escalating conflict between Russia and Ukraine. London old crop wheat futures hit a high, which was more than £50/t above last week's closing prices, and in doing so set a record high for the market. US Chicago Board of Trade (CBOT) futures climbed up by over 30% to their highest figure for 14 years, although remained below the all-time highest figure of $13.49/t which was set in February 2008.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Ollie Wilson.

Continue reading
  1594 Hits
  0 Comments
1594 Hits
0 Comments

Frontrunner - 25th February 2022

BLOG---Frontrunner-Post-Cover-Header

Russia's invasion of Ukraine this week triggered unparalleled price movements in commodity markets. US Chicago Board of Trade (CBOT) wheat futures posted gains of almost 20% on last Friday's close and, at their peak, were at their highest level since 2008. Fear, panic and speculative trade exaggerated futures price gains but the world's wheat importers have lost access to a primary supplier of wheat and corn as military action brought a halt to commercial shipping and Ukraine's ports shut down. Egypt's General Authority for Supply Commodities (GASC) held a tender to buy wheat on Thursday which highlighted the market chaos and uncertainty. There was only one offer from French exporters at a price including freight just below $450/t.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report is read this week by farm trader, Sophie Powell.

Continue reading
  1287 Hits
  0 Comments
1287 Hits
0 Comments

Frontrunner - 18th February 2022

BLOG---Frontrunner-Post-Cover-Header

World wheat markets have seen less volatile trading than they have over the past three to four weeks, but prices continue to be underpinned by the worsening situation in Ukraine. US President Biden said on Thursday that there was now every indication that Russia was planning to invade Ukraine in the next few days. Should this be the case, it seems likely there would be interruptions to wheat exports from the Black Sea region, which is a serious concern considering that Russia, Ukraine and Romania continue to dominate international tenders.

You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by marketing assistant, Faye Lee. 

Continue reading
  1267 Hits
  0 Comments
1267 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