Gleadell Grains Market report
WHEAT UK wheat exports totalled 275,598mt by the end of August. We estimate that total exports to the end of September could total 500,000mt and maybe 1mln/t by Christmas. According to Defra, this means that we will still have 1.4mln/t to ship Jan/Jun 2012. This is more than achievable, but we expect plenty of competition […]
Latest Gleadell Fetiliser report
UREA On 13th July the announcement of another Indian Urea tender brought several more buyers back to the market. Demand from Latin America has resurfaced and the US has a large requirement for Urea for autumn fill which is likely to start following the annual Southwest Fertiliser Conference this week. Producers globally have reacted with […]
Latest Gleadell grains & grainseed market report
GRAIN MARKETS – David Sheppard, managing director WHEAT Grain markets remain extremely choppy with various factors having contrary effects on price levels. In Europe, the harvest has stalled from central France northwards as wet weather has stopped play. There are some concerns that quality may be impaired in northern parts of France. However, conditions remain […]
Latest Gleadell Fetiliser report
With the Cereals Event now behind us and the larger farmers and buying groups having purchased nitrogen in the near positions, the main topic of conversation was the availability of sulphur products which are generally tight. As old positions on UK and imports unwind we now enter a replacement market going forward, with late entry […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director WHEAT High global prices could spur Argentine farmers to plant more wheat when 2011/12 plantings start later this month, and output could increase by 20% to 18mln/t. Kazakhstans Agriculture Ministry has cut its wheat export forecast for the current marketing year to 5.5mln/t, suggesting that the country will […]
Gleadell Fertiliser Report
FERTILISER MARKETS Calum Findlay, fertiliser trader The Urea market is on fire. The market continues to firm, with prices strengthening from most major origins thanks to very limited availability from most sources. The shortage is particularly acute in Southeast Asia, where demand is clearly outstripping prilled urea supply. Indeed, the rate of price increase is […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director WHEAT Russia may lift its ban on grain exports earlier than 2012 if it revises its cereal supply estimate upwards. Russian grain stocks as of April 1st were reported at 26.2mln/t, down 20% from a year earlier. USDA attach report Kazakhstans 2011 wheat production will rebound to […]
Gleadell Fertiliser Report
FERTILISER MARKETS Calum Findlay, fertiliser trader In general, the urea market remains firm with higher prices confirmed in Yuzhny and the Arabian Gulf. Short covering appears to be the main driver as traders cash-in existing positions. Looking ahead, the demand outlook is uncertain and European buying for the present season will draw to a close […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director WHEAT Ukrainian grain stock reported at 10.1mln/t as of April 1st, down 2% than at the same date in 2010. UkrAgroConsult stated that a jump in the countrys 2011 grain harvest and high stocks will allow grain exports to rebound from this season to 23.4mln/t, up from a […]
