Important updates and advice regarding coronavirus (Covid-19)

Frontrunner - 28th September 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Slow trade This week's wheat market has moved in a very narrow trading range, seeing no fresh features of note giving any particular price direction. The USDA will publish their quarterly stocks report late this afternoon after we go to print, which is expected to reinforce bearish carry out figures for US grains. Final 2017/18 UK balan...
Continue reading
  1528 Hits
  0 Comments
1528 Hits
0 Comments

Frontrunner - 21st September 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Market reactions UK markets fought back this week with £5/t gains on London wheat futures, reversing the downward trend seen for the majority of the past month. Global markets galvanised support from the less-than-ideal harvesting conditions in the Russian spring wheat area, as well as dry and unseasonably cold temperatures hitting the ...
Continue reading
  1570 Hits
  0 Comments
1570 Hits
0 Comments

Frontrunner - 14th September 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  USDA report sets a bearish scene; Wednesday's much anticipated USDA report shocked the trade, with significant increases to US corn yields well above the average trade estimates released before the report. Global corn production was also increased to 1,069 million tonnes. Although not directly related to wheat prices, this 35 million to...
Continue reading
  1656 Hits
  0 Comments
1656 Hits
0 Comments

Frontrunner - 7th September 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Wheat prices on the slide London wheat futures lost £8 per tonne this week, slipping to seven-week lows as the bullish rivers ran dry. Russia chose not to introduce any restrictions to their wheat exports and this has been the catalyst for a wave of long liquidation on world futures markets. However, it is likely that this issue will re...
Continue reading
  1679 Hits
  0 Comments
1679 Hits
0 Comments

Frontrunner - 31st August 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Price shift predictions The decline in prices over the past fortnight has been halted this week, with UK levels re-bounding some £5/t at the farm gate. A finely balanced UK supply (alongside ongoing concerns about how the global flow of wheat will be maintained from Russia, the current cheapest origin) continues to cause nervousness amo...
Continue reading
  1522 Hits
  0 Comments
1522 Hits
0 Comments

Frontrunner - 24th August 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  UK prices under further pressure London futures fell a further £8/t this week on harvest news and the prospect of heavy imports in the coming months. Until recently, the UK was pricing at import parity in order to balance a tight supply situation and the weight of this is now being felt. Add to this the predictable pressure that comes w...
Continue reading
  1696 Hits
  0 Comments
1696 Hits
0 Comments

Frontrunner - 17th August 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Politics helps wheat prices jump higher Wheat prices have recently enjoyed a major price rally gaining £40/t since the middle of June. Markets have been driven higher by adverse weather impacting on crops and cutting output for most of the world's major exporting countries. However, the USDA report last week triggered a sell off and UK ...
Continue reading
  1871 Hits
  0 Comments
1871 Hits
0 Comments

Frontrunner - 11th August 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Supportive markets Wheat markets continued the supportive tone for the early part of the week, fuelled by further concerns over production in various regions in the world. Australia is the latest country to further reduce its likely output, with some suggestions of this year's crop being nearer 16 million tonnes versus 21 million last y...
Continue reading
  1556 Hits
  0 Comments
1556 Hits
0 Comments

Frontrunner - 3rd August 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Buoyant UK market Another volatile week in the UK grain trade saw November futures hit new contract highs of £195 on Thursday, fuelled by crop issues globally. As a result, we saw a good level of farmer selling for both 2018 and 2019 crop at levels well above the cost of production. Wheat harvest nationally lies at around 40% complete, ...
Continue reading
  1588 Hits
  0 Comments
1588 Hits
0 Comments

Frontrunner - 27th July 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Volatile UK wheat prices In reaction to further cuts to European wheat crop estimates, speculative trading and consumer short covering lifted the wheat market sharply higher this week. London wheat futures rallied to new contract highs on Thursday, with the November 2018 contract trading above £190.00/t.This was almost £15/t up on the p...
Continue reading
  1687 Hits
  0 Comments
1687 Hits
0 Comments

Frontrunner - 20th July 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  UK prices firm again Domestic wheat prices firmed a further £3-£5 this week, despite harvest progressing well across Europe. In a year when UK wheat output is forecasted at or below 14 million tonnes, we will be relying more heavily on imports and therefore price movements around Europe affect us more than normal. Crop reductions in som...
Continue reading
  1919 Hits
  0 Comments
1919 Hits
0 Comments

Frontrunner - 13th July 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Wheat report from the USDA Yesterday, the USDA published their July World Supply and Demand Estimates. They highlighted the tightening global balance sheet making further cuts in output to many of the world's major wheat producers. From their June report, they see Australia down two million tonnes, the EU down 4.4 million tonnes, Russia...
Continue reading
  1619 Hits
  0 Comments
1619 Hits
0 Comments

Frontrunner - 6th July 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Production losses impact prices European markets took fright this week, following analyst trading houses citing their expectation of further production losses throughout EU wheat crops as harvest gets underway. The price reaction has been a shock for the market, with London wheat futures for new crop swinging higher by £13 at its peak s...
Continue reading
  1808 Hits
  0 Comments
1808 Hits
0 Comments

Frontrunner - 29th June 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  US markets slide further US wheat closed the week slightly weaker, as fund selling pressurised futures lower. Focus remains on trade issues between the US and China as they continue to make headlines. Despite this, the US remains overvalued as an exporter compared to the likes of Russia and we could see further devaluation in the coming...
Continue reading
  1580 Hits
  0 Comments
1580 Hits
0 Comments

Frontrunner - 22nd June 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  The Trump factor The recent market trend for higher prices has reflected concerns for global wheat where adverse weather has been hurting crops in North America, Russia, North West Europe and Australia.However, the beginning of this week saw all this discarded as the Trump administration ramped up its trade dispute with China. Talk that...
Continue reading
  1782 Hits
  0 Comments
1782 Hits
0 Comments

Pulse crops – what should you do now?

Beans-Numbland--Norfolk-MayJun-009
It has not been an easy year to get any crops drilled in the traditional spring-sowing window of February-March. The winter rainfall and then the 'Beast from the East' all conspired to mean that no drilling took place until the second week of April in the majority of the country. After that, many growers wanted to get their barley crops drilled fir...
Continue reading
  1391 Hits
  0 Comments
1391 Hits
0 Comments

Frontrunner - 15th June 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT Markets lose grip World wheat markets have reversed sharply this week; with US wheat giving away nearly a month's worth of gains. Weather markets are still in play but the stresses in some regions have abated, as rains aid establishment in Australia and improve corn and spring wheat conditions in the US. However, there are still enough flags ...
Continue reading
  1059 Hits
  0 Comments
1059 Hits
0 Comments

Frontrunner - 8th June 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Weather and tariff talks in the USA ​ Global weather models continue to underpin new crop wheat prices and despite very little change over the past seven days, widespread dryness remains the theme in the USA and the Black Sea. Chicago wheat futures were among a host of agricultural commodity markets that began the week with sharp losses...
Continue reading
  1839 Hits
  0 Comments
1839 Hits
0 Comments

Frontrunner - 1st June 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT Weather drives markets higher again Ongoing weather issues and crop concerns saw world markets surge higher early this week, with French wheat futures hitting 11-month highs. The US hard red winter wheat areas, the Black Sea region, North Eastern Europe and Eastern Australia have continued to be dry with above average temperatures. However, e...
Continue reading
  1585 Hits
  0 Comments
1585 Hits
0 Comments

Frontrunner - 25th May 2018

BLOG---Frontrunner-Post-Cover-Header
WHEAT  Markets higher World wheat markets have propelled higher this week, fuelled in the most part by weather driven sentiment and political positioning over tariff negotiations between China and the US concerning the supply of agricultural products. Warm weather persists Whilst US winter wheat crops remain under stress and planting condition...
Continue reading
  1819 Hits
  0 Comments
1819 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