Brought up on a mixed arable and dairy farm in Wiltshire I was destined to work in the agriculture and associated industries.
I studied a BSc Hons in Agriculture and Land Management.
I was a farmer for 3 years post degree, before turning my attention to a fascination in markets and began a career in the UK grain trade.
Following 20 years of trading with 13 years running my own trading business, with an associated transport company, I left the physical grain trade.
Over the last 8 years I have pursued interests in the agri-food supply chain, focusing on the impact of commodities and their price volatility together with transport logistics on the food chain.
I currently write about the World wheat markets as well as providing support to businesses from farm to retailer. Assisting in their quest to manage margin impacted by commodity volatility and transport logistics.
In 2022/23, Brazilian corn exports surpassed those of the U.S. by 32.5%. This was driven by large Chinese purchases. Can Brazil retain its market share in the future?
Wheat prices jumped as much as 10% in some markets last week. Weather and fund buying drove the rally and the lower prices this week demonstrate the potential for volatility ahead.
The wider grains complex was pulled higher by a rally in wheat this week due to a reduction in production forecasts and reports of worse than expected quality. Corn markets remain well supplied.
The global grains market remains comfortably supplied this week. However, volatility remains as events in the Black Sea continue to be unpredictable. Weather events could be the wild card for prices.
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