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Cereals market intelligence - archive


Update from Simon Tubbs, Norton Organic, March 2012



Organic cereal markets have remained broadly unchanged over the last month, with the exception of feed wheat which is becoming firmer in the South as supplies in the areas of demand become tighter.

We remain of the opinion that the mills still have to buy most of their raw material requirement from May onwards, but they are not actively purchasing as we go to press. Sentiment is firm.

New crop markets have yet to be established, please see below for price indications.

Reports from our farm contacts suggest the spring crops have gone in well, we now need a good rain to water them in!

If you would like a firm quote relevant to your sample and location please call us on 01787 210899.

Ex farm indications – this is based on 29 tonne loads, subject to location

New cropNorton
Feed wheat£240
April milling wheat£265
Harvest wheat£220
Oats (milling)£265
Barley£210
Feed barley£222

All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966

www.nortonorganic.co.uk/grain.html


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The organic cereals market

Update from Simon Tubbs, Norton Organic, February 2012



Old crop feed wheat is trading at around £225 ex farm for spot collection, with feed barley valued at £218. Stocks of wheat are becoming tighter in the areas of greater demand in the South and grain is now having to travel greater distances from the North, so there are some regional price variations. Barley availability however is greater, so we expect to see the wheat/barley price widening.
Buyers are still very much buying on a hand to mouth basis, and we have yet to see much interest in buying forward of March whilst feed demand is uncertain. Milling grade oats are worth £265/270 for April/May, Triticale £215, Beans £285 and Peas £280.
New crop markets have yet to be established.

Spot collection means the immediate month, ie collection/delivery of grain within the next 28 days.

Please speak to Norton Organics on 01787 210899 for prices relevant to your location if you have stocks still to sell.

Feed wheat£225
Milling oats£265/270
Feed barley£218
Triticale£215
Beans£285
Peas£280

All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966 www.nortonorganic.co.uk/grain.html

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The organic cereals market

Update from Simon Tubbs, Norton Organic, January 2012


Markets have generally remained subdued into January as consumers will only buy on a hand to mouth basis. Mild weather to date has certainly not helped feed demand this season and the wider economic climate also makes most buyers very nervous about forward trade committment. Supplies of feed wheat in the South are now becoming harder to find, although there are ample stocks on farm further north. Barley and triticale stocks are adequate and if anything oversupplied, with suppliers looking to make sales into a thin market. We remain very keen buyers of milling wheat, oats and feed beans.

We would indicate ex farm values on the basis of 29 tonne loads:

Feed wheat£228
Milling wheat£POA (some excellent premiums available)
Milling oats£260
Feed barley£215
Triticale£210
Beans£282

All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966 www.nortonorganic.co.uk/grain.html

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Market update by Simon Tubbs Norton Organics, December 2011

Grain markets have settled a little lower as Christmas approaches and UK feed demand has remained muted after the mild autumn. We feel prices will hold at current levels into January so those looking to sell for the early New Year should sell sooner rather than later as we believe sellers will reappear post December and possibly push prices lower pre March. To some extent grain markets have been propped up recently by the lack of farm selling (early Single Farm Payments have helped cash flow?) but demand is weak going forward and the wider economic environment certainly does not help support prices.

Feed market direction later in the season is more difficult to predict since firmer European prices have meant that the UK has actually exported some Organic cereals/pulses. Should UK demand increase, supplies could get tighter in the back end of the marketing year, so longholders could see better prices in the longer term.
Demand for milling wheat and oats is still strong and we are keen buyers of Beans so please speak to us for latest values.

Please speak to Norton Organic on 01787 210899 for latest market information.
 Cereals market update November 2011

All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966 www.nortonorganic.co.uk/grain.html

Market update by Simon Tubbs Norton Organics, November 2011

Since harvest, ex farm selling prices have eased back whilst animal feed demand has been muted due to a mild autumn to date. Organic feed wheat premiums have however been maintained at around £80 over non organic wheat despite the weaker wider economic environment which is hardly helpful to a premium market. It is interesting to note that strong mainland European markets have made it possible to export grain, which is unusual since the UK is import reliant!

Organic feed wheat is currently trading at £220 in the west, with barley valued at some £10 less for December collection. Oats (milling grade) are worth £268 for January whilst beans are trading at £265.

Grain quality and yields have generally been very good this year, and we have had several reports from growers that their Organic crops have out yielded nearby conventional crops.
We anticipate better demand post Christmas since we believe buyers have only a limited amount of forward cover into the New Year, and hopefully, for sellers at least, some winter weather should stimulate feed demand. We do however feel that prices are unlikely to lift much in the medium term, so would suggest that those looking to sell between now and March should consider making sales.

Please speak to Norton Organic on 01787 210899 for latest market information.

 Cereals market update November 2011
All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966 www.nortonorganic.co.uk/grain.html

Market update by Simon Tubbs Norton Organics, October 2011

A reduction in the value of conventional feed grain prices seems to have translated to the organic sector where wheat and barley prices have fallen back. This trend is set to continue so wheat should be sold before the end of the year. Oats is the success story with most making milling grades and commanding a good price. Beans similarly are doing well. There does not seem to be a lot of peas on the market with imports expected, prices are likely to fall in the New Year.

 Cereals market update October 2011
All the above prices are ex farm and are liable to change. For information please contact Norton Organics on 01787 210966 www.nortonorganic.co.uk
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