Call: 0333 777 8522
Get in touch

Futures Close Report 23rd April 2018

US winter wheat reported in 31% good / excellent condition unchanged on last week (54% at the same time last year).

US corn reported as 5% planted up from 3% last week but well below the 14% 5 year average pace.

US soybeans 2% planted in line with 5 year average pace.

China imported 860,000 tonnes of barley in March, up 22% on a year ago and the third highest monthly level since at least the start of 2016.  This could be a sign that ongoing trade dispute with the US is resulting in a shake up of trade flows as a new equilibrium is established.