29 May 2015 | Online since 2003



EU grains market report - 17th July 2012


EU grains closed sharply higher again with Nov 12 London wheat up GBP3.25/tonne to GBP191.25/tonne and Nov 12 Paris wheat EUR6.00/tonne firmer at EUR264.25/tonne.

The situation in the Black Sea is going from bad to worse.

Agritel now forecast wheat production in Ukraine down 41% to 12.90 MMT, with Russia's down 17% to 45.88 MMT and Kazakhstan's seen falling 48% to 11.90 MMT.

Exports are also forecast to slump alarmingly, with Ukraine only expected to ship 3.6 MMT of wheat this season, Russia 11.0 MMT and the Kazakh's 5.6 MMT.

The UK's economic prospects took another hit after the The International Monetary Fund said that growth here will only be 0.2% in 2012, a cut from their previous forecast of 0.8%, substantially worse even that Spain or Italy.

The US remains hot & dry. "Temperatures today and tomorrow are predicted near 100 F (37.8 C) today and tomorrow in the Midwest corn and soybean belt, but sharp cooling is predicted Wednesday and Thursday when the jet stream carves out a trough in the Great Lakes – Eastern Midwest" say Martell Crop Projections.

Download




Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


29 May 2015
Area Sales Manager
De Lacy Executives client, JFC is a market leader for the manufacture and sales of plastic breeding and farm equipment. It is...

20 July 2015
Massey Ferguson big baler driver for harvest work: Job in Yorkshire
Contractor looking for an experienced tractor driver to operate Massey Ferguson big square baler and other farm duties.

15 June 2015
General Farm Worker required on a 1100 acre family run farm; job in South Shropshire.
Jobs will include harvest operations through the harvest so a wide range of experience is  required from ...

1 July 2015
Harvest Positions/Tractor Drivers/Grain Dryer Jobs in Cambridgeshire
Opportunities to join a young team on a 4000 acre arable farm for the harvest and seeding period. Jobs to include corn c...

1 July 2015
Harvest Worker - Job on arable farm near Ipswich, Suffolk
Harvest worker required for 500 Ha arable farm in Suffolk. Duties to include Grain Carting, Flail Hedge cutting and Cultivati...



Top stories you may have missed
15 May 2015 | Arable

Scotland’s Rural Affairs Secretary Richard Lochhead is calling on the Europ...


15 May 2015 | Finance

As the country settles down following the turmoil of the general election, ...


14 May 2015 | Animal Health

New research from the Universities of Bristol and Cambridge has found that ...


13 May 2015 | Animal Health

A new publication to help farmers prevent sheep lameness and offer advice o...


12 May 2015 | Agri Safety

The Farmers’ Union of Wales is putting the spotlight on Liver fluke at next...


5 May 2015 | News

The UK is now third in the global rankings for utility-scale solar energy a...


29 April 2015 | Agri Safety

A recent Rural Watch demonstration and information event gave Farmers’ Unio...


24 April 2015 | Meat Processing

Retailers should confirm their commitments to sourcing UK lamb this season,...


15 April 2015 | Meat Processing

A leading retailer has apologised after selling imported lamb in a Borders ...


9 April 2015 | Finance

The time has come for landlords to expect to see reductions in farm rents, ...