Small wheat plant
High stocks of unsold UK grain combined with early reports of strong cropping worldwide will make for a nervous market in the next few weeks, says Nidera’s David Eudall. International grain traders have one eye on the weather and the other on reports of the area and condition of crops in the ground. Every rain shower and heatwave is monitored so closely there is a market reaction nearly every time a new weather map is produced. Long-term fundamentals are difficult […]