Gleadell Fertiliser Report
Urea prices continue to trade upwards and are now all set to trade higher in the months ahead. The US market has finally woken up and is now competing hard to secure tonnage to meet increased spring demand. The announcement on a Chinese fertiliser export tax has yet to happen but confirmation is expected within […]
Genus Plc: AGM and Interim Management Statement
At the Annual General Meeting of Genus to be held today at 2.30pm, the following interim management statement will be made: Markets The extent of the market recovery seen in most markets in the second half of our last financial year has been sustained. The recent increase in animal feed costs has eroded short term […]
Gleadell Market Report
Feed Wheat: “Globally, the demand for quality wheat remains for the January-June positions, and supplies are vanishing fast …” / Oilseed Rape: “The rapeseed market has been caught up in the general excitement surrounding commodities …” FEED WHEAT The Canadian Wheat Board raises its grain export target for 2010/11 to 15.7-15.8mln/t, thanks to larger crops […]
Gleadell Fertiliser Report
The US market is suddenly flying and prices have traded almost $30/tonne higher in a week… The short window of opportunity, seen recently as Urea prices traded sideways and then downwards, is now closed as prices have rebounded in all areas. The US market is suddenly flying and prices have traded almost $30/tonne higher in […]
Gleadell Market Report
FEED WHEAT: ‘Wheat markets followed corn lower, hampered by a lack of fresh export interest and bullish fundamental news …’ OILSEED RAPE: ‘.. with demand not going away, we currently find it difficult to be bearish to new crop ..’ FEED WHEAT DEFRA estimates the UK 2010 wheat crop at 14.83mln/t this is working from […]
Grammer raises revenues & earnings expectations
GRAMMER AG (WKN 589540, ISIN DE0005895403), automotive supplier and seating systems manufacturer, is raising its revenues and earnings forecast for the 2010 fiscal year, due to better than expected business development. For the 2010 fiscal year, the company now expects revenue growth of approximately 20 percent in comparison to the previous year (2009: 727.4 million […]
Gleadell Fertiliser Report
Another rewarding week for Urea producers as the warm wind of optimism blowing in from the grain market continues to drive prices upwards. Another rewarding week for Urea producers as the warm wind of optimism blowing in from the grain market continues to drive prices upwards. An ongoing Indian tender finishes today and […]
Gleadell Market Update
FEED WHEAT: ‘Long-term, the demand for quality wheat will remain constant, and this should support feed wheat levels’ OILSEED RAPE: ‘It is perhaps time to start pushing those who have pre-Christmas seed to sell to the market”. FEED WHEAT US corn futures break through $5/bushel for the first time in 2 years as yields continue […]
Gleadell Market Update
FEED WHEAT: The bullish US corn report and reports of disappointing corn yield has encouraged buying interest in the Chicago corn market, dragging wheat higher. OILSEED RAPE: After all the volatility and excitement we have seen in recent times, the European rapeseed futures market has been pretty flat this week FEED WHEAT The USDA report […]
