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

27/05/16 -- Soycomplex: Soybeans closed higher heading into a 3-day weekend. supportive today was news that the USDA had announced new crop sales of 110 TMT of soybeans to China and 100 TMT of soymeal to unknown this morning. The Buenos Aires Grain Exchange estimated that Argentinean soybean harvest was 72% complete, up 11 percentage points from a week ago. Flood damage has been severe not only in crop loss and lower quality terms – but in delays of getting the harvest to the market, they said. The Exchange held its 2015/16 production estimate on hold at 56 MMT. Jul 16 Soybeans settled at $10.86 1/2, up 6 3/4 cents; Nov 16 Soybeans settled at $10.56 1/4, up 5 3/4 cents; Jul 16 Soybean Meal settled at $402.60, down $7.00; Jul 16 Soybean Oil settled at 31.48, up 44 points.

Corn: The corn market closed higher on the day and with double digit gains for the week. Unknown destinations bought 140,000 MT of US corn for old crop delivery6, dome were suggesting that this was China, but it seems a unlikely. They were reported to have sold off 890 TMT of the 2 MMT offered in today's government auction. The US has only shipped 0.3 MMT of US corn into China so far this year. Of the remaining 1.8 MMT of imports some 1.15 MMT if said to be coming from Ukraine. The Buenos Aires Grain Exchange said that the corn harvest there was 29% complete, 14% behind average and up just 1 percentage point from last Friday due to wet weather. The Exchange left its production estimate unchanged at 25 MMT. Jul 16 Corn settled at $4.12 3/4, up 4 1/2 cents; Sep 16 Corn settled at $4.14 1/4, up 3 3/4 cents.

Wheat: The wheat market closed mostly lower. The US markets will be closed on Monday in observance of Memorial Day. London wheat will also be closed, but Paris grains are open as usual. FRench wheat crop conditions fell week-on-week, US Winter wheat conditions are expected to fall 1-2% in next week’s report. Russian wheat exports for 2015/16 total 23.1 MMT as of May 23, compared to 21.05 MMT a year previously. Canada said that their wheat exports were 3% lower year-on-year at 13.3 MMT with 10 weeks of the season remaining. Jordan announced a tender for 100,000 MT of optional origin milling wheat. Algeria were in the market for "at least" 50,000 MT of hard wheat and finished up buying 130,000 MT from Mexico. Jul 16 CBOT Wheat settled at $4.81 1/2, up 1/4 cent; Jul 16 KCBT Wheat settled at $4.59 3/4, down 2 1/2 cents; Sep 16 MGEX Wheat settled at $5.35 1/2, down 6 3/4 cents.

EU Market Report

27/05/16 -- EU grains finished mixed at the close of the week, with Jul 16 London wheat up GBP0.05/tonne at GBP106.55/tonne, Sep 16 Paris wheat down EUR0.25/tonne at EUR167.00/tonne, June corn was EUR01.75/tonne higher at EUR171.25/tonne and Aug 16 rapeseed was down EUR0.25/tonne to EUR374.00/tonne.

For the week, London wheat fell GBP0.45/tonne, Paris wheat rose EUR3.50/tonne, corn added EUR5.00/tonne and rapeseed gained EUR4.75/tonne.

The continent therefore continues to perform better than the UK. The pound gained 1.1% against the euro during the course of the week, and is up by 6.4% versus the single currency since Apr 7th.

Also supporting EU grains this week have been US corn prices at 10-month highs and Chicago soybeans and meal hitting their highest levels since 2014.

FranceAgriMer said that the French winter wheat crop was now 57% headed as of Monday, up from 31% a week ago, but behind 74% this time last year. Winter barley is now 100% headed (the same as a year ago - they'll be harvesting the early crop in south within a month). Spring barley is 7% headed against 5% a week ago and 12%^ a year ago.

As far as crop conditions go, they're in decline, although still at historically fairly high levels. Winter wheat rated good to very good was down to 83% from 85% last week and 91% this time last year.

Winter barley was 83% good to very good (down 1 point on last week and 6 below last year). The second weekly corn ratings of the year had the crop rated 85% good to very good, down one point on last week and 3 points below this time last year.

Ukraine said that their 2016 corn crop was 97% planted on 4.37 million ha. Sunflower seed (99% done) and soybean plantings (88% complete) are also on the last leg.

Russia said that they are 87% sown on spring grains.

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