Wheat harvest better than expected

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Better than expected is the preliminary verdict on this year’s wheat harvest, despite spring drought and harvest rain. English wheat production is estimated at about 13.64Mt, 1.5% down on the five-year average, according to results of a National Farmers Union (NFU) members’ survey. The crop area of 1.82Mha was about 3% higher than last year…


Better lamb prices here to stay

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GOOD lamb prices are here to stay, at least for a while, says EBLEX, despite an increase in lamb numbers coming ready for the butcher now. But there are concerns about customer reaction. EBLEX says the breeding flock stabilised last year, after a decline triggered by years of poor prices. And an exceptionally good spring…


Worse crop conditions, better prices

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Reports on crop conditions and private surveys of crop size have contributed to new contract highs on the Chicago Board of Trade as we inch closer to harvest. Changes in corn supply has had a bullish reaction, with soybeans higher even with little change in the market perception of crop size. The wheat has gone…


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