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...

World markets: Chicago wheat futures closed slightly lower on Friday but still showed a net gain of 2% on the week. After starting lower early last week, wheat fought back with gains driven by more bad weather in Australia and rising black sea prices. The US spring wheat harvest is nearly finished, now at 97% complete and winter wheat plantings are...

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 ...

Crop differences Planting of the 2018 beet crop was delayed by wet soils, with most crops going into the ground in April. Ironically, what happened next was then dependent on whether or not the seedbed had sufficient moisture for establishment. Some crops had good levels of moisture and warmth to set a good plant stand and grow away quickly to cove...

World markets: US wheat futures continued to slide yesterday. The fund sell off that started with the USDA report last Wednesday night has continued into the start of this week, keeping the negative tone in wheat markets. The trade war between the US and China has returned to the headlines, as President Trump imposes new tariffs on the equivalent o...

​This blog was first featured as an article in the September issue of Three Counties Farmer What a difference a day makes. It's a lovely song by Dinah Washington, originally written in Spanish by Maria Grever. It's been covered by many artists over the years and no doubt murdered on the X Factor in more recent times. Having been lucky enough to tra...

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...

World markets: US wheat dropped sharply after yesterday's United States Department of Agriculture (USDA) report; corn numbers were the biggest driver in grains and the numbers were very bearish. US corn yields were raised to 181.3 bushels per acre which was well above the trade's estimates. Eight states were seen as producing record yields and this...

World markets: US wheat started the week stronger yesterday, supported by a downgrade to the Australian crop from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and more speculation about possible Russian export restrictions. US exports are currently running 31% down from last year's pace – a restriction to Russi...

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...

2018 has thrown a range of challenges at potato growers and agronomists, such that blight control has increasingly taken a back seat as the season has progressed. It will be no surprise to anyone that data now shows that soil moisture has been widely yield-limiting due to the unusually high rates of evapotranspiration, even where irrigation was clo...

World Markets: The US was closed yesterday for their Labor Day holiday, but traded lower on the overnight session following news from Russia that counteracted last week's ideas of export restrictions. The Russian Ministry of Agriculture said yesterday that they do not consider it necessary to introduce export duties or restrictions but they are con...

World Markets: US wheat started last week lower, pressured by funds exiting long positions in wheat. However, midweek saw some support come back into the market, lifting it to a higher close over the week. The lift came from Russia's announcement to cap wheat exports at 25 million tonnes and an all-grains total of 30 million tonnes. The USDA curren...

While rain has now fallen in most regions, the recent hot weather has significantly impacted grass growth meaning, unfortunately, many dairy farmers will be heading into the winter with a shortage of silage. As has been well publicised over recent weeks, many farmers are baling their straw to help their colleagues with cattle. But what impact does ...

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...

World Markets US wheat has been falling sharply this week. Yesterday, losses were smaller but direction was still downwards. US funds had built up significant long positions in Chicago wheat and have been selling heavily to reduce these longs. Australia had some rain over the weekend which can only be a good thing, although there are mixed reports ...

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...

With some long overdue rain finally dampening seed beds in the past week, oilseed rape drilling is now well underway for many parts of the UK.However, for some of us the fields are already playing host to thousands of OSR plants, well before we've even set to work putting next year's crop in the ground. These early occupants haven't come from the d...

Kings attended Potatoes in Practice this month, the UK's largest field-based potato event. Held at The James Hutton Institute's Balruddery Farm in Dundee, our team were delighted to be attending for a third year. The event comprised demonstrations of both varieties and machinery, highlighted innovative research and was a great platform for industry...

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 ...