Commodity Trading
Brexit reality collides with Referendum promises
January 1st 2021 saw the UK finally complete its transition out of the EU, four and a half years after the referendum. A ‘no-deal’ scenario - widely seen as ‘catastrophic’ for agriculture – was averted through the UK-EU Trade and Co-operation Agreement (TCA) signed at...
WASDE drives further cereal and soya price rises
This week’s downgrading of global crop production and stocks estimates has helped strengthen wheat, corn and soybean values which were already at six-year highs. The January World Agricultural Supply and Demand Estimates (WASDE), the monthly series of reports from the...
Openfield Group in profit for third year
The Openfield Group of arable marketing businesses has reported a surplus in the year ended June 30th 2020, its third consecutive year of profitability. Figures for subsidiary Openfield Agriculture are not published yet. The farmer-owned Group has reported a pre-tax...
Fire at R&H Hall’s Cork feed store
A major fire at the Port of Cork in southern Ireland has destroyed a quayside animal feed store owned by feed materials importer R&H Hall, a business jointly owned by W&R Barnett and Origin Enterprises. The incident on the morning of Saturday January 9th at...
Strong world market and weak pound bolster wheat values
A rising world market and a cheap pound mean a strong start to 2020 for wheat trading. Relief that a deal was reached with the EU has helped positive sentiment. “We are in a very lucrative and very exciting market,” Stuart Attridge, trader at Harlow Agricultural...
Solid H1 demand for NWF Feeds
A trading update from the NWF Group reports solid demand for its animal feeds over the first half of its financial year to November 30th. First half figures are due in early February. The Group’s Feeds division - NWF Agriculture – reports continued solid demand across...