Grainlink - Grain Trading & Agricultural Supplies

 

We offer the complete Grain Marketing Solution for the UK Cereal Grower & Consumer, thus giving peace of mind and price protection in today's volatile commodity markets.

We operate the latest commodity trading software systems, have a fully fitted TASSC accredited approved Laboratory, for extremely accurate analysis of all Grains, Oilseeds and Pulses. With our live streaming price updates and agricultural news stories our price quoting service for spot/forward selling and purchasing of all Grains Oilseeds and Pulses gives you access to the most recent developments affecting commodity prices and enables maximum market awareness when selling or buying your commodities.

Our extensive range of growing contracts can form a strategic role in the risk management strategy of your business, to discuss all the risk management tools available to you please contact one of the trading team direct on 01939 210500.

We can offer bespoke financial packages for growers/organisations to suit personal requirements.

A Division of Wynnstay Group Plc

Latest Market Reports

CBOT Market Report

22/08/16 -- Soycomplex: Beans closed higher. The USDA reported 120,000 MT of soybeans sold for delivery to unknown destinations during the 2016/17 marketing year under the daily reporting system. Underlining the strong export demand theme were weekly export inspections of 961,414 MT, up nearly 20% from last week and 4.5 times larger than the same week a year ago. They also reported good to excellent crop conditions unchanged at 72% after the close (63% last year). They said that 89% of the crop is setting pods which is 4 points ahead of the 5-year average. The trade prefers to focus on the demand side of the coin rather than the potential record production side at the moment. Sep 16 Soybeans settled at $10.35 1/4, up 8 1/4 cents; Nov 16 Soybeans settled at $10.15 3/4, up 11 1/4 cents; Sep 16 Soybean Meal settled at $334.20, up $4.20; Sep 16 Soybean Oil settled at 33.89, down 25 points.

Corn: The market closed a wee bit lower despite weekly export inspections of 1.249 MMT being up 6% from last week and up 29% vs the same week a year ago. Day one of the ProFarmer crop tour in Ohio and South Dakota saw lower yields than the USDA estimate, but that's what the trade expected. The USDA raised corn crop conditions one point in the good to excellent category to 75%. They said that 85% of the crop is at the dough stage (76% normally) and the the crop is 40% dented as opposed to 35% for the 5-year average. MARS lowered their forecast for the EU-28 average corn yield to 7.23 MT/ha from 7.42 MT/ha. Yields are seen sharply lower in some countries (eg Romania), but this is compensated for by significantly higher yields in others like Hungary. Sep 16 Corn settled at $3.33 1/4, down 1 cent; Dec 16 Corn settled at $3.42 1/2, down 1 1/4 cents.

Wheat: The wheat market closed mixed with Minneapolis spring wheat again the firmest market. Weekly export inspections of 530,824 MT were OK, and about what the trade had in mind. Weekly crop progress has this year's US spring wheat crop 65% harvested against only 46% normally at this time. MARS lowered EU soft wheat yields from the 6.10 MT/ha estimated last month to 5.86 MT. mainly down to an 11% cut for France "due to knock-on effects of large rainfall amounts, low radiation and consequent high disease pressure during late May and June." Russia's harvest is going well, producing a grain crop of over 80 MMT so far including 57.5 MMT of wheat. Russian seaports only exported 406.8 TMT of grains last week though, down from 716.6 TMT the previous week, according to APK Inform. Sep 16 CBOT Wheat settled at $4.15 1/4, down 11 3/4 cents; Sep 16 KCBT Wheat settled at $4.13 3/4, down 5 cents; Sep 16 MGEX Wheat settled at $5.32, up 1 1/4 cents.

EU Market Report

22/08/16 -- EU grains finished mostly lower on the day amidst a general lack of fresh news. The pound was a bit firmer today, pressuring London wheat.

The day ended with Nov 16 London down GBP1.50/tonne at GBP130.50/tonne, Sep 16 Paris wheat was EUR3.75/tonne lower at EUR159.00/tonne, Nov 16 corn was down EUR1.00/tonne at EUR165.75/tonne and Nov 16 rapeseed was unchanged at EUR378.00/tonne.

MARS released their latest EU-28 crop yield forecasts, dropping soft wheat from 5.85 MT/ha to 5.63 MT/ha, some 3.9% down on last year but still slightly above the 5-year average.

"This is mostly due to yield estimates for soft wheat in France being lowered by 11% compared to the July forecast due to knock-on effects of large rainfall amounts, low radiation and consequent high disease pressure during late May and June," they said.

Corn yields were also lowered from 7.42 MT/ha to 7.23 MT/ha. "Exceptionally high maize yields are forecast for Hungary (+29.6% above the five-year average) but the forecast was lowered in Bulgaria and Romania where dry conditions compromised the maize yield potential," they added.

Private forecasts see the French corn crop at around 13.0-13.5 MMT this year, similar to last year. Germany's crop is seen down 7% and Romania's 15% lower.

This will be compensated for however by the sharp rise in Hungary already noted, plus a 33% jump in Polish output.

MARS forecast UK wheat yields at 8.08 MT/ha, down a smidgen from last month and 10% lower year-on-year. The HGCA currently see them at 7.8-8.0 MT/ha, but things could improve as the harvest progresses in the north.

The Russian grain harvest now stands at 80.7 MMT, of which wheat accounts for 57.5 MMT, according to the Ag Ministry there.

APK Inform say that Russian grain exports via seaports fell to 406.8 TMT last week (715.6 TMT the previous week), including 393.8 TMT of wheat.

Ukraine's seaports exported 647.7 TMT of grains last week (660.1 TMT the previous week), including 499.5 TMT of wheat, they add.

GrainLink Seed

Cereals, Forage Maize, Pulses, Game Cover, Grass Seeds, Oilseeds, Forage Rape, Environmental Seed Mixtures & Other Forage Crops

agricultural industries confederation
fertiliser advisers certification & training scheme
trade assurance scheme for combined crops