Call: 0333 777 8522
Get in touch

Futures Close Report 3rd Jan 2019

Argentina planting of soybeans being restricted by wet weather according to Buenos Aires Grains exchange, although just under 90% of the expected area had already been planted. Early forecast for Arg production is seen at 53 million tonnes of soybeans for the current season, well up on last years drought hit crop.

EU maize imports continue to outstrip cereal exports for the current season – imports of cereals put at circa 14.8 million tonnes since July 18 with exports of cereals put at 13.6 million tonnes.  Of this Maize makes up circa 11.3 million tonnes of imports, as use in livestock diets increases.