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

28/07/16 -- Soycomplex: Soybeans closed lower. The USDA reported net weekly export sales of just 1,400 MT for 2015/16, and 678,200 MT for new crop. Trade estimates had been for combined sales of 800,000 MT to 1.2 MMT. The USDA also announced net sakes of 457,000 MT of beans to unknown/China split across both marketing years under the daily reporting system. Weekly shipments reached 698,531 MT - the largest weekly total since March. Aug 16 Soybeans settled at $10.03 1/2, down 7 cents; Nov 16 Soybeans settled at $9.78, down 8 cents; Aug 16 Soybean Meal settled at $341.50, down $3.30; Aug 16 Soybean Oil settled at 29.49, down 4 points.

Corn: The corn market closed lower. Weekly export sales came in at 438,800 MT for 2015/16 and 476,500 MT for 2016/17. Pre-report estimates were for sales of 750 TMT to 1.0 MMT for both marketing years combined. Exports of 1,379,800 MT were up 11 percent from the previous week and 5 percent from the prior 4-week average. The primary destinations were Mexico (272,600 MT), South Korea (272,200 MT), Japan (231,000 MT), Saudi Arabia (122,000 MT), Colombia (76,200 MT) and Taiwan (72,100 MT). South Africa's CEC estimated the corn crop there at 7.26 MMT, up from 7.16 MMT previously (USDA: 6.5 MMT). Sep 16 Corn settled at $3.31 1/4, down 4 1/2 cents; Dec 16 Corn settled at $3.38 3/4, down 4 1/4 cents.

Wheat: The wheat market closed lower. Weekly export sales of 506,100 MT were in line with trade estimates of 400-600 TMT. These included 39,900 MT for Brazil. Exports of 549,900 MT were up 53 percent from the previous week and 25 percent from the prior 4-week average. The primary destinations were Japan (178,200 MT), Chile (92,200 MT), Brazil 59,900 MT), Taiwan (56,800 MT), Peru (49,500 MT), Thailand (27,000 MT) and Mexico (25,700 MT). Brazil will produce 6.29 MMT of wheat this year according to Conab, Safras say 6.175 MMT (2015: 5.52 MMT). Egypt bought Russian and Romanian wheat in it's tender. Sep 16 CBOT Wheat settled at $4.10 1/4, down 4 1/2 cents; Sep 16 KCBT Wheat settled at $4.09, down 3 1/2 cents; Dec 16 MGEX Wheat settled at $5.01 3/4, down 2 cents.

EU Market Report

28/07/16 -- EU wheat closed mostly firmer as more crop downgrades continue to come in for France and European wheat.

At the close Nov 16 London wheat was up GBP1.25/tonne at GBP125.00/tonne, Sep 16 Paris wheat was up EUR2.00/tonne to EUR165.75/tonne, Aug Paris corn was up EUR0.25/tonne at EUR170.005/tonne and Aug 16 Paris rapeseed was EUR3.25/tonne higher at EUR361.25/tonne.

ODA released an EU-28 soft wheat production estimate of 134.0 MMT, down 17 MMT (or 11%) on last year. They said that the French crop may only muster 30.4 MMT, with the potential to further deteriorate to just 29.4 MMT as the harvest moves north.

The USDA's attache in Europe is predictably less concerned, predicting an EU-28 all wheat crop of 154.5 MMT, down 4% from last year's 160 MMT (durum wheat production in Europe is typically around 8-9 MMT in any given year).

They did however warn that production could be lowered again as the harvest progresses. They see 2016/17 exports at 4-year low of 30.5 MMT, down 9% compared to 2015/16.

Rabobank came in a bit lower in production than the USDA at 154.0 MMT.

Production and export estimates for Russia continue to rise to new record levels as they look well placed to take advantage of Europe's misfortune this season.

IKAR raised their forecast for the 2016 Russian grain crop by 2 MMT to 114 MMT (2015: 104.8 MMT), with wheat output up 1 MMT to a record 69 MMT and exports at a record 29 MMT (2015/16: 24.5 MMT).

Rabobank have the Russian wheat crop at 65.6 MMT and 2015/16 grain exports at 27.1 MMT.

They also see this year's Australian wheat crop at an impressive 26.7 MMT (USDA: 25.5 MMT).

Egypt tendered for wheat for Sep 1-10 shipment, booking one cargo each of Romanian and Russian wheat. French wheat wasn't offered. Rumour suggests that France may even have bought a cargo of Romanian wheat themselves to bolster concerns over new crop quality.

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