Prices & Trends

Analyst SovEcon is upbeat in its predictions for Ukraine wheat in 2021/22. Its latest wheat production estimate is now at 28.6 million tonnes, which will be a new record if realised.

The dairy said it reflected a more positive market and lower than expected volumes

The cooperative has announced a price increase of 0.5ppl from June 1

There is increased interest in buying land for environmental projects

The bulk of the weekly price gains are related to positive offshore developments, as markets look to potential weather issues in the Americas.

Crop condition across Europe and the Black Sea will be a key focus as crops enter key production phases.

Farmers were warning it could be the end of the British sugar industry if the processor did not take their concerns seriously

The price has moved upwards on the back of rises in commodity prices

Strong global demand has pushed dairy prices to levels not seen since 2014.

South American weather and its potential impact on corn production from Argentina and Brazil remains a key market factor in the near term.