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

30/11/16 -- South American weather looks more or less ideal. The USDA announced 123,000 MT of soybeans sold to China for delivery in the 2016/17 marketing year under the daily reporting system. Trade estimates for tomorrow's weekly export sales report are a wide looking 800,000-1,900,000 MT. Jan 17 Soybeans closed at $10.32 1/4, down 10 1/4 cents; Mar 17 Soybeans closed at $10.41 1/4, down 9 3/4 cents; Dec 16 Soybean Meal closed at $316.40, down $5.30; Dec 16 Soybean Oil closed at $36.79, up 43 points.>

Corn: The corn market closed around unchanged. The big news today came out of the OPEC meeting where it was agreed to cut production by 1.2 million barrels/day. Weekly US ethanol production was down 2,000 barrels/day, but still over 1 million barrels/day. Trade ideas for tomorrow's weekly export sales numbers are between 650,000 MT and 1.8 MMT versus 1,688,800 MT a week ago. The Russian corn harvest is 83% done at 13.9 MMT. Ukraine's corn harvest stands at 22.9 MMT off 86% of the planned area. Dec 16 Corn settled at $3.36 3/4, unchanged; Mar 17 Corn settled at $3.48 1/2, down 1/2 cent.

Wheat: The wheat market closed mixed, with spring wheat in Minneapolis again the strongest leg of the complex. Jordan are in the market for 50,000 MT of wheat from optional origin. Japan are tendering for 158,514 MT of food wheat of US, Canadian and Australian origin in their regular weekly tender. Trade estimates for tomorrow's weekly export sales report for wheat are 300,000 MT to 800,000 MT versus 712,500 MT a week ago. Rusagrotrans said that Russia had exported 3.95 MMT of grains in November - a record volume for the month and 26% more than in Nov 2015. Dec 16 CBOT Wheat settled at $3.80 1/2, down 3 1/2 cents; Dec 16 KCBT Wheat settled at $3.91 1/4, down 7 1/2 cents; Dec 16 MGEX Wheat settled at $5.39 1/2, up 5 1/4 cents.

EU Market Report

01/12/16 -- EU grains closed mostly lower, save for rapeseed which marched on to new highs.

At the close Nov 16 London wheat was down GBP0.75/tonne at GBP137.25/tonne, Dec 16 Paris wheat was EUR1.75/tonne lower at EUR160.75/tonne, Jan 17 Paris corn was EUR0.50/tonne easier at EUR164.00/tonne and Feb 17 Paris rapeseed was up EUR3.00/tonne to EUR411.00/tonne.

Another day of sharply higher crude oil prices helped rapeseed push onto levels last seen in April 2014.

Other than that, fresh news was lacking again. Saudi Arabia tendered for 960,000 MT of feed barley for Jan/Mare shipment and Tunisia are in for feed barley and soft wheat.

EU soft wheat exports only advanced by 247,188 MT this week, according to the latest missive from Brussels. That takes the season to date total to a little over 10 MMT.

The EU Commission forecast full season exports at 24 MMT, down 1 MMT from previously.

Exocet Gas Oil Extra

Call our GrainLink trading team today for further information and competitive prices.01939 211256

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