In the second blog of this soil management series, we review how catch and cover crops can play an integral role in post-harvest soil management, including the options available and how their inclusion can support stewardship. The first blog in this series focussed on pre-harvest soil management and you can read it here.
In the first blog of this soil management series, we're exploring why it's vital to start planning for soil management in autumn-drilled crops well in advance of planting; when the previous crop is still in the ground.
Wheat markets have stepped lower this week again, strongly influenced by the fortunes for US corn. Chicago Board of Trade (CBOT) markets were closed on Monday for Independence Day but most of last week's sharp price rally was lost on Tuesday following the long US weekend. CBOT corn opened 40 cents down but losses over the week amounted to 10% as US weather changed to cooler and wetter conditions. This was deemed ideal for developing corn plants as they head towards their pollination period.
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 Cath.
In recent weeks, analysts have been increasing their wheat production estimates for major exporters Russia, Ukraine and the EU-27. This has left a negative tone and seen world prices continually ease during June. This change has been highlighted by London wheat futures which lost £14/t during the month. However, the primary negative price driver has been expectations for a notably higher 2021-22 US corn crop than previously anticipated.
You can also listen to the Frontrunner podcast by pressing 'play' or downloading the track from within the report. The report this week is read by marketing assistant, Becca Russell.
Wheat futures have slipped lower this week. London November 2021 wheat futures closed below £170/t for the first time since mid-April. Grain markets have been pressured by wetter and cooler weather across the primary US corn producing states, which are conditions that are ideal for the pollination period and signal improved yield potential.
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.
Wheat prices have fallen sharply in recent days and London wheat futures have lost more than £10/t from their highs early last week. The fall has been driven by the US agriculture market, particularly by US corn, which has lost over 12% of its value this week.
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 Cath.
The week began with markets on an upward trajectory. Weather is hot and dry in Northern USA, Canada and throughout Europe. Any rain we might see is likely to be confined to the Black Sea region. Despite the dryness, the EU wheat crop should achieve a good volume. However, it will not be an early harvest this season, which raises concerns over quality and, subsequently, prices are generally supported.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by Becca Russell.
Price volatility for the world's wheat markets continued this week. After initially making a sharp recovery following last week's slump, ultimately wheat markets failed to hold onto their gains. This was highlighted by London wheat futures, which increased by £8/t at their peak midweek before subsequently losing two-thirds of that rally.
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.
US Chicago Board of Trade (CBOT) wheat and corn futures have been particularly volatile this week. Spring planting has advanced at a fast rate which has encouraged notable long liquidation from market speculators. Spring wheat planting reached 94% complete, which is well ahead of the 85% average for this time of year. Meanwhile, corn planting advanced to 90% complete compared with the 80% average.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report is read this week by key account manager, Zoe Andrew.
The low levels of sulphur we see today are not a new problem. Rather, it is something we've been aware of for over 30 years; ever since the first sulphur-deficient oilseed rape crops were seen on very light soils. Over time, this deficiency has progressed and now impacts virtually all crops and soil types. By looking at the factors that influence sulphur availability, you can make informed decisions and opt for products that match your crops' sulphur demand.
The 2020-2021 growing season will be remembered by growers for many things: lockdown, online meetings, the unpredictable weather and volatility in both the grain and fertiliser markets.
The link between grain and fertiliser markets is a complex one. When grain prices are higher, it drives demand for fertiliser. In other words, food security creates demand. However, perhaps over this last year, it has been Covid-19 that has had the greatest impact of all on the high nitrogen values we've seen.
As my colleague, Edward Downing, explained in his blog about final nitrogen decisions for cereals, the wet autumn and winter has really thrown up some challenges.
After extensive rainfall early in the new year, we went into one of the coldest but driest spring seasons on record. Today though, I think we'd all agree that weather pattern has broken. May has, so far, been riddled with unsettled conditions – you might forgive some people for thinking we were actually in October.
World wheat markets have fallen again this week as a result of the pressure of improving production potential for some of the world's primary exporters. Chicago Board of Trade (CBOT) wheat prices are now 10% below their end-of-April high and London wheat futures hit a low at £21.50/t beneath their recent peak.
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 Cath.
Since the rain has started to fall across the UK, I've had several people asking about the final nitrogen applications on a number of crops. Unsurprisingly, there's quite a lot to consider so we've put together a two-part blog series to help you address all of the key information.
In this first blog I've compiled some advice on final nitrogen decisions for the main arable crops, taking into account overall conditions we've seen this season and what they mean for final doses on oilseed rape, winter wheat and spring cereal crops.
Unpredictable weather seems to be the order of the day at the moment. After what was a very dry and cold April, May has brought about warmer temperatures and a considerable amount of rainfall. At Kings, much of our time had been spent advising growers not to drill wild bird seed and game cover crops too early but given the drastic change in weather, we're now finding that many simply cannot get onto plots because it is too wet.
Now that we are entering the peak planting window from mid-May through to mid-June, I've compiled some timely points of advice to help you make the most of the next four weeks.
The United States Department of Agriculture (USDA) published its May World Agricultural Supply and Demand Estimates (WASDE) report this week, updating its current season balance sheets and its first estimates for next season. The markets were particularly keen to see how the USDA would assess corn production prospects for Brazil.
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.
Persistent dryness across many of the primary corn growing regions of Brazil is continuing to stress late drilled corn crops and impact their yield potential. In April, the estimate from the United States Department of Agriculture (USDA) for the Brazilian corn crop was at 109 million tonnes, but analysts see the lack of rain taking at least nine million tonnes from that crop potential.
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 Cath.
Wheat and corn futures continued to drive higher earlier this week, setting new contract highs. US markets reached their highest level for eight years and Chicago Board of Trade (CBOT) corn futures pushed above $7/bu – a level double their contract low. New crop London wheat futures at their highest had risen over this month by an impressive £35/t. Higher European futures markets reflected concerns for both winter and spring crops following the prolonged period of dry weather and, in places, record low April temperatures impacting on most of northern Europe.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by key account manager, Zoe Andrew.
Persistent cold dry weather affecting much of the US and Western Europe coupled with ongoing Chinese demand drove wheat and corn markets sharply higher this week. Chicago Board of Trade (CBOT) wheat futures have gained over 8% since last Friday's close and are trading over $7 per bushel, bringing them to their highest level since May 2014. European new crop wheat futures have been equally impressive, setting new contract highs. London November 2021 wheat futures are now £26/t above their end of March low.
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.
If a production system experiences losses, its efficiency is going to be reduced. Often this can lead to a reduction in output too and, if losses are severe enough, even an increase to overall running costs.
If we look at this in relation to our fertiliser programmes the risks are similar, so preventing any losses can lead to some real gains. For example, by reducing the CO2e/t of production you could improve your margins and simultaneously benefit the environment.
