Frontrunner - 23rd June 2023
Frontrunner
English - June 23, 2023 14:58 - 14 minutes - 19.7 MBNews agriculture grain market seed pulses wheat barley fertiliser farming news farmers agronomy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
From early 2023, speculative funds had built near record short positions in agriculture futures markets. The Chicago Board of Trade (CBOT) wheat market alone received over 120,000 contracts which is the equivalent of over 16 million tonnes. This process helped wheat prices decrease to multi-month lows at the end of May, but the current month has seen a price recovery.
During current intense volatility, markets can move significantly - sometimes in a matter of minutes and outside regular hours. Our MyFarm platform is free to Frontier customers and offers 24-7 access to market information and live grain prices, as well as the option to sell grain at a time that's more convenient. Find out more: www.frontierag.co.uk/myfarminfo
For other topical updates and advice from our experts, subscribe to our blog: www.frontierag.co.uk/blog/subscribe
Follow Frontier Agriculture on Twitter at www.twitter.com/FrontierA
Hosted on Acast. See acast.com/privacy for more information.