home about us trading storage seed other services news & reports podcast farmer login app February 17th Market Report Our market reports are opinion based and are not instructions to trade. You are responsible for your own trading decisions. May 20 London wheat closed up 25p Friday (£151.75) but down £2.50 for the week, November 20 closed up 70p (£160.30) but down £1.75 for the week. Sterling unchanged but, Brexit negotiations have not been helped by negative comments from French foreign minister Jean- Yves le Drian saying ‘trade deal unlikely by end of year’. French wheat is in the worst condition for 8 years, at this stage 65% good – very good against 85% this time last year, the area is already down due to planting disruption; EU wheat crop estimated -5%. French winter barley is rated 67% good – very good, 79% last year; Spring barley as of 10th February 16% planted. US markets are slightly weaker. Coronavirus continues to be a concern, 64,000 infections and 1,400 fatalities reported. South American weather continues to boost crop potential $ stronger not helping exports Rumours are that China has bought 500,000t corn from Ukraine. World’s third largest economy Japan has reported poor economic data. author: Joe Beardshaw Office Opening Times Mon - Fri 8.30am to 5.15pm © Dewing Grain 2021 T: 01263 731550 F: 01263 731616 E: info@dewinggrain.co.uk Dewing Grain Banningham Road Aylsham Norfolk NR11 6LP gdpr policy modern slavery statement site by neooptic

home about us trading storage seed other services news & reports podcast farmer login app March 13th Market report Our market reports are opinion based and are not instructions to trade. You are responsible for your own trading decisions. London wheat closed down yesterday 50p in new and old crop positions. US grain rebounded, wheat and soya up slightly after Fridays losses. Corn supported by good export figures and funds / speculators have biggest net long in corn since June 2016, potentially a dangerous position this early in the season if sentiment changes. Sterling up helping the prospect of wheat imports into UK especially coupled with tight domestic supplies and lower matif. French wheat exports increasing as Black Sea prices rally; Algeria looking to buy which could be French origin. Wet weather in UK prevents spring barley drilling and getting more serious than just concerning, new crop FOB prices are up. Weather- Argentina gets some rain but regional and possibly too late. US plains remain dry and forecast offers little relief. Snow in Russia protecting crops. Ukraine grain exports hampered by aged rail network; 2/3’s grain hauled by rail with locomotives and trucks used are from 1980’s Oil down after biggest rally for 7 months, new output supply from US will satisfy demand. author: Joe Beardshaw Office Opening Times Mon - Fri 8.30am to 5.15pm © Dewing Grain 2021 T: 01263 731550 F: 01263 731616 E: info@dewinggrain.co.uk Dewing Grain Banningham Road Aylsham Norfolk NR11 6LP gdpr policy modern slavery statement site by neooptic