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Latest Analysis & Insights
May 24, 2023
While the Argentine crush is lagging, Brazilian processors have filled a little of the void in international supplies by meeting nearly 1.6Mt oil meal exports for the first three weeks of May.
May 23, 2023
US corn plantings have continued apace, offering clear passage thus far to expectations of a record harvest-23.
May 18, 2023
GGO provide a longer term outlook for grains and oilseeds markets, complimenting our regular insights, S&D and price forecasts
-Grain Price Forecasts (US, EU, UK)
-Grain and Oilseeds Analysis
-Global Balance Sheets
May 18, 2023
The grain corridor agreement which expired over the weekend has reportedly been extended for another 60 days.
May 16, 2023
Global economic output expanded at the quickest pace since December 2021 in April. Global grain prices are on track to average notably lower this year relative to 2022, but upside risks could emerge in H2 2023.
May 11, 2023
From the pointers we have so far, the Wasde looks poised to signal a downward trend for prices, as the US leads expansion in inventories among major soybean exporting countries.
May 9, 2023
Wheat speculators gross short holdings have, for the first time on data going back to 2006, reached a level equivalent to 50% of total open interest.
May 4, 2023
May’s recovery in vegetable oil prices, so far, contrasts with continued declines in crude oil, an important influence on prices of vegetable oils, which are used largely in making biodiesel. It also runs against the trend of 2023 which has seen prices of the likes of rapeseed oil and soyoil underperform those of Brent crude.
May 2, 2023
In Europe, the European Commission’s Mars bureau forecast this year’s EU soft wheat yield at an above-average 6t/hectare, while in the US, rains in the southern Plains have boosted expectations of a recovery in the drought- pressed hard red winter wheat crop.
April 26, 2023
The planted area for sunflowers is due to see a 10% increase above 5-year average and reach 4.8Mha, on account of the temporary derogation from the obligation to allocate a part of the arable land to non-productive areas and a possible switch from corn in drought affected regions.