Global arable market report, 12 December 2022

Published 2022년 12월 12일

Tridge summary

The article provides an overview of the global grain and oilseed markets, focusing on wheat, maize, barley, soyabeans, and rapeseed. It discusses the factors influencing these markets, including competitive supplies from the Black Sea region and large production forecasts from Australia. Recessionary concerns and Chinese demand for grain are also highlighted as potential long-term watchpoints. The article also covers the UK's decision to double imports of US gas and the impact of colder weather on natural gas prices. Additionally, it touches on the strength of Chinese demand for soyabeans and the potential for revised production figures for Argentina's soyabean area, which could change market sentiment.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week's view of grain and oilseed markets, including a summary of both UK and global activity. Wheat Competitive Black Sea supplies and large Australian crops continue to pressure prices short-term. Long-term, recessionary concerns and Chinese demand for grain remain a watchpoint moving forward. Maize Weakening wheat prices weigh on global maize markets in the short-term. Argentinian weather remains a key watchpoint for production longer term, though the Brazilian crop is forecasted to be large. Barley Barley markets continue to track the wider grain complex. Prices remain elevated by a tight supply and demand balance. Global grain markets felt overall pressure last week (Friday – Friday) due to increasing competitive supplies from the Black Sea region and large production forecasts for Australia, as well as continued recessionary fears. Though concerns over Argentinian grain production, and speculation over increased Chinese demand, limited any major losses in global grain ...

Source: Ahdb