Market Developments 2017/2018

The latest WASDE (World Agricultural Supply and Demand Estimates) from the USDA provides an initial assessment of the agricultural outlook for 2017/2018.  Global wheat supplies are projected to decline fractionally as higher beginning stocks are more than offset by a production decline following last year’s record. Global wheat production is now projected at 737.8 million […]

Market Update

Farm prices are continuing to come under pressure across markets, the latest  World Bank pink sheet data gives beef prices for August 18% down on August 2014, sheep meat prices down 21%, and soyabeans down 17%. Milk prices have also fallen again. The FAO Dairy Price Index for August was down by 9.1% on  July – […]

Currency Volatility Impacts on Agricultural Trade

The debt crisis in the Euro zone, and volatility in other major currencies is likely to have a significant impact on agricultural trade during 2015. Euro depreciation will have a positive impact on EU agricultural exports, with improved prospects for exports of beef, arable crops and pig meat. This is also being helped also by […]

Dairy Market Update

New dairy data from the USDA shows the extent to which milk prices have fallen in the US and elsewhere in recent months, as increased production and higher stocks of processed products are putting pressure on prices.  The farm gate price for class III milk (for cheese) in March was 33.3% down on March 2014, […]

Oilseeds Market Update

A bigger than expected oilseed crop in Latin America is likely to offset a poor harvest within India. The USDA also report that US farmers will plant an extra 1 million acres of soyabeans in 2015/16 compared with 2014/15, mostly replacing corn across the corn belt, and cotton across some of the Southern States. US […]