home about us trading storage seed other services news & reports podcast farmer login app August 07th **MARKET REPORT** Our market reports are opinion based and are not instructions to trade. You are responsible for your own trading decisions. November London wheat closed up yesterday £1 and November '16 was up £1.65 (£10.95 differential Nov 15 against Nov 16). European maize was + 3 Euros with front month maize a premium to wheat for first time in 2 years. Latest EU export figures wheat 372,000t (seasonal total 2.0 mmt), barley 384,000t (total 1.8 mmt) but maize imports 632,000 (total 1.4 mmt). Latest Russian yield figures reduced to 3.16 t/h, down 4.8% against last year but still expectation of hefty wheat crop. US wheat markets up above $5 level as commercial buying supported wheat markets, soya and corn down. Tension building ahead of next week’s USDA report. ADAS winter barley yields put at 1.1 – 7.3 t/h, but these big numbers are based on southern yields; later yields are likely to reduce. Cargill announce for the March – May period, their first loss for 14 years; the loss was attributed to ‘technology’ and losses in Venezuela where the ‘bolivar’ has devalued by 90%. Super Tuesday proved to be an anti-climax, only one member of the Bank of England committee voted for an interest rate rise, the result, a slightly weaker sterling. 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 January 03rd 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 up 70p yesterday, but on thin volume. Sterling fell against euro and $ as chances of No deal Brexit deal increased. US markets up, especially soya, as dry weather impacts Brazil and assumption of exports increased, but government shut down has meant no official data available. Technically, soya finding support from trading in an ‘ascending triangle’ where each low is above the previous low; however there are still plentiful soya supplies. Both oil and stock markets reached their peak on October 3rd, since then, DOW Jones has fallen 15% and oil 40% due to world growth concerns, is this the market low? The danger is, grains have fared well in comparison and could provoke index fund selling, unless threats to production threaten abundant supplies. Russian wheat exports accelerated first half December, but are expected to slow. 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