Frontrunner - 20th May 2022

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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.

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Frontrunner - 13th May 2022

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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. 

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Frontrunner - 29th April 2022

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There are new contract highs for 2022 European new crop wheat futures this week, as markets continue to react to the longer-term threats to Black Sea wheat supplies - particularly those from Ukraine. The London November 2022 contract passed £300/t for the first time and the old crop May 2022 contract set a new record with a high of £332.20/t.

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. 

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Navigate grain market volatility with price and trading tools in MyFarm

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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.

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Frontrunner - 22nd April 2022

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European wheat futures started the post-easter bank holiday weekend with strong gains, with both the Paris and London new crop markets setting new contract highs in early trade following stronger US wheat markets. Chicago Board of Trade (CBOT) futures were higher on the latest crop condition report and the overall situation is worse than trade expectations. Winter wheat slipped two points to just 30% good/excellent, this compares to 53% last year and trade expectations at 33%. The crop condition index has only been worse in one of the past 35 years at this stage of development.

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.

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Frontrunner - 14th April 2022

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New crop European wheat futures rallied further this week and set new contract highs, reflecting trade concerns around the prospect of a long-term conflict between Ukraine and Russia. London November 2022 wheat futures briefly touched £295/t, almost double its initial trades and the contract low made in September 2020.

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.

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Frontrunner - 8th April 2022

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Grain markets have continued to see volatile trading and early in the week US wheat futures rallied following the first 2022 national crop condition and progress report from the United States Department of Agriculture (USDA). Winter wheat crops are in a particularly poor condition, with ratings as bad as they have ever been at this time of year, with the exception of the 1996 crop. Crops have suffered from prolonged dry conditions, expanding drought and storms in December.

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. 

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Frontrunner - 1st April 2022

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Wheat markets continue to experience notable price volatility in response to developments in the conflict in Ukraine. US wheat futures fell sharply on Tuesday to their lower trading limit and to their lowest level since 1st March. This is in response to encouraging comments made in peace talks being held in Istanbul.

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. 

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Frontrunner - 25th March 2022

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Global wheat markets experienced another week of notable price volatility in the wake of the continuing Russia-Ukraine conflict. European wheat futures struck new contract highs due to increasing fears that there will be no short-term end to the conflict and that there will be significant cuts to Ukrainian 2022 grain production.

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. 

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Frontrunner - 11th February 2022

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The threat of conflict between Russia and Ukraine continues to generate price volatility in world wheat markets. The week started with an optimistic view from traders that a diplomatic solution to the tensions could be found following a seemingly successful meeting between French president Emmanuel Macron and Russian president Vladimir Putin. This triggered a bout of selling on futures markets on Tuesday.

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. 

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Frontrunner - 3rd December 2021

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Wheat markets have endured a volatile week of trading, as traders and speculators reacted to the uncertainty of the latest Covid-19 variant Omicron and what it might bring. Having peaked at nine-year highs last week, Chicago Board of Trade (CBOT) wheat futures lost over 10% of their value by close of business on Tuesday. This was due to a wave of panic selling, which caused prices to tumble. European wheat futures made similar losses from their record highs last week.

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. 

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Pre-harvest grain store management

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The ability to store grain can be a fundamental aspect of a crop marketing strategy, providing growers with the opportunity to sell for later movement.

Of course, this can only be successful when effective grain storage facilities and management plans are in place, as these are pivotal for safeguarding premiums and grain quality to lessen the risk of rejections and claims.

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What is MyFarm?

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​ While some of our customers are already familiar with our farm management platform, MyFarm, a recent upgrade has led to some exciting developments to its applications and overall functionality. Free to all Frontier customers, the latest version has been designed as a result of farmer-feedback. The platform now provides a one-stop shop to manage e...
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Frontrunner - 20th September 2019

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WHEAT Big crops get bigger? There is an old saying that 'big crops get bigger' and it seems that it is true. This week well respected analyst, Strategie Grains' September report increased the size of the 2019 EU-28 wheat crop again to 144.5 million tonnes. This is 1.6 million tonnes up on the estimate they made last month and a hefty 17.6 million t...
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Frontrunner - 26th July 2019

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WHEAT Improving French wheat crop prospects Record breaking high temperatures during June were thought to have been damaging for wheat crops across Europe and some analysts have now cut their estimates accordingly. Leading European analysts, Strategie Grains, reported in July that they cut the 2019 EU-28 soft wheat harvest by 2.2 million tonnes to ...
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Self sampling at harvest will help you market grain in the year ahead

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Harvest is the stage of the farming calendar that poses the most risk for arable businesses. From keeping everyone safe on a busy farm to getting your crops into the store in the right condition; attention to detail is key. There's no doubt that the ease in which a grain sampler can turn up on farm during harvest, take a sample from your heap using...
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Frontrunner - 19th July 2019

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WHEAT ·          Harvestpressure caps prices The Northern Hemisphere wheat harvest is well underway withFrance now as far as 50% complete; poor demand remains a theme. As a result,European markets traded steadily lower as the week progressed, with LIFFENovember futures losing almost £1/t per day. The week beg...
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Give storage the same attention as yield in harvest conversations

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With combines already rolling in some areas, conversations across offices, farms, agricultural shows and pubs are ramping up about the yield potential of this year's crop. Harvest conversations between farmers, traders and others always interest me; watching the usual attempts to outdo each other is always an interesting sport. But as someone with ...
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Frontrunner - 7th June 2019

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WHEAT UK wheat markets under pressure Old crop and new crop wheat values made some losses this week. For old crop, consumer cover is relatively high and this week's latest Department for Environment, Food & Rural Affairs (Defra) figures confirmed a sizeable 1.98 million tonne carryout which is 266,000 tonne higher than a year ago. The smaller h...
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