Grains, oilseeds and pulses
* updated every Wednesday
Global grain insight
According to the International Grains Council (IGC), world grain stocks will reach 495m tonnes in 2018, the second highest on record.
Sentiment of the large investment funds – whose role is largely speculative – is that markets can only move lower. Their view is ‘big crops get bigger’ and this has certainly been true in the current campaign.
Red = WARNING: Prices likely to be forced lower as a result
Amber = CAUTION: Could affect prices in the future – watch this space
Green = UPWARD MOVEMENT: Prices likely to be forced higher as a result
Information supplied by Cofco International UK – the new name for Nidera UK uniting the former Nidera and Noble Agri names worldwide. Cofco International employs more than 13,000 people worldwide in 35 countries and last year delivered more than 100 million tonnes of products.