2014/15 global wheat supply estimate was pegged at 1Mmt higher than previous– The International Grains Council announced global supply reach 718 Mmt.
Ammonium nitrate markets face a severe squeeze over the next few months as farmers continue to hold back from the market.
Farmers who sold grain through a range of Gleadell pools during the past 12 months have received significant premiums over open-market prices, topping out with an £18/t premium for feed wheat in the final quarter.
Farmers belonging to Gleadell’s Weetabix Growers Club could soon be sending more high quality wheat to the Northamptonshire-based cereal manufacturer.
© 2014 Gleadell Agriculture Ltd
Lindsey House, Hemswell Cliff,
Telephone: 01427 421200
Fax: 01427 421230