Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director Ukrainian farm ministry reports that farmers are likely to increase the sown area for the 2011 grain crop to 15.7mln hectares, from about 15.2mln in 2010. The area under grains could be larger by 528,000 hectares. The farm ministry also reports 56% of the winter grain crops are in good […]
Gleadell Fertiliser Report
FERTILISER MARKETS NPK compounds are firm, with 15-15-15 and 16-16-16 trading up in Europe 10-15pt on early February prices. This follows strong phosphates prices and the recent hike in EU nitrates levels. India continues to stall in contract pricing any forward Phosphate – this is only adding to the bullish tone of the market. New […]
Gleadell Fertiliser Report
FERTILISER MARKETS Calum Findlay, fertiliser trader NPK comgleadell fertiliser market reportpounds are firm, with 15-15-15 and 16-16-16 trading up in Europe 10-15pt on early February prices. This follows strong phosphates prices and the recent hike in EU nitrates levels. India continues to stall in contract pricing any forward Phosphate, this is only adding to the […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director WHEAT The USDA reports that US farmers are likely to plant 92mln acres to corn this year, up from 88.2 last year. However, the USDA also reported that plantings will likely fail to refill stocks enough to quell the surge in price. CWB sees Canadian 2011/12 all-wheat crop […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director Argentinas Government sees the 2010/11 wheat harvest rising to 14.7mln/t, up from 14mln/t in January. Egypts GASC purchases 235,000 tonnes (115tmt US/120tmt French) soft wheat for April 20-30 shipment. Total purchases since July 1st are estimated at 5.22mln/t, compared with 5.53mln/t for last season. Chinas drought-stricken wheat area falls […]
Gleadell Fertiliser Report
As grain markets go into turmoil, fertiliser markets remain calm as the Egyptian situation eases. Libya, not being a major player, has little effect, with Asian markets concentrating on phosphate purchases. Shippers of Urea continue to reduce physical stocks, as A/N prices continue to firm, and are rising in France as we approach the tail […]
Gleadell Fertiliser Report
Political turmoil in Egypt upsets the normal smooth running of fertiliser exports… FERTILISER MARKETS Calum Findlay, fertiliser trader Political turmoil in Egypt upsets the normal smooth running of fertiliser exports and prompted firmer Urea prices. Russian granular has moved up by $15/tonne and the US market has rebounded by $20/tonne in the past three days […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director French soft wheat exports are up 32% at 10.1mln/t for July-December 2010, with exports outside of the EU-27 reported at nearly 6.9mln/t, up 57% year on the year. UK wheat exports slowed in December to 266,162mt, bringing the season to date figure to 1.89mln/t, up 87% on the year. This […]
Gleadell Market Report
GRAIN MARKETS – David Sheppard, managing director Wheat stocks have declined in Spains leading grain ports, although trade sources do not expect a supply shortage due to slow demand from livestock farmers and shipments of maize from the Ukraine. Egypts GASC purchases 170,000mt of US/Australian/Argentine wheat for March 21-31st shipment. Total purchases since the start […]
