News
The grain market is putting a lot of faith in Mother Nature to perform
March 1st 2024
Major wheat exporter stocks are already the lowest they have been for a decade, and the market appears to have very little risk premium factored in for any major weather issues. By mid-February, grain prices had fallen to new lows, as Managed Fund and speculative selling weighed on values, says Openfield’s head of grain marketing, […]
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Openfield maintains 2023 profitability amid continued market volatility
February 6th 2024
Openfield Group Limited has reported its results to 30 June 2023. Against a backdrop of falling grain prices and ever-changing market conditions, the British farmer-owned grain marketing and arable inputs co-operative has reported a profit of £2.7m for the year to 30 June 2023 (2022: Profit £3.1m). This was achieved on the back of a […]
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New year brings new challenges
February 1st 2024
The grain market is now turning its attention to production prospects for 2024/25, while lower fertiliser prices create a buying opportunity for growers requiring product for spring applications. The new year began as the old year finished, with grain prices on the defensive and moving through recent lows, explains Openield’s head of grain marketing, Glenn […]
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What would the cost need to be, to ensure farmers made sure every load was 100% fit for purpose?
January 2nd 2024
The list of store-keeping issues that we deal with is huge but in most cases rejections can be avoidable if there is more attention to detail. As the weather turned colder in late November and early December, how many of you realised how hot your stored grain was? I ask this as, over the last […]
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Better buying, better selling: Spreading the risks
December 13th 2023
Spikes in the price of global grain markets followed by months of decreases have left the market feeling flat, but sitting on grain waiting for more bullish days might not be the answer. CPM takes a closer look. “Because we don’t grow maize, we often don’t realise that we have to worry about it.” Written by Melanie […]
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What are we, as a nation, doing to protect our domestic cereal food security?
December 1st 2023
With so much land being taken out of commercial cereal productions, when there is a call to feed the nation what changes could you make, over what timelines, and at what cost? If I was in a room full of farmers and asked the question “does the UK import more wheat, barley and maize than […]
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