Each week we bring you stories about crop production around the world, which are likely to affect international and domestic markets.

Smooth UK harvest but yields are back

The 2018 UK harvest wasn’t too dissimilar to ours as it was characterised by high temperatures and dry weather during the harvest in many areas.

According to the AHDB, during the month of July, the majority of weather stations in the southern and eastern regions recorded under 10mm of rainfall and across Britain it was the driest start to a harvest in 80 years.

The harvest was finished in record time in many places but similar to here, the peripheral grain-growing areas in Scotland, Wales and Northern Ireland experienced broken weather in the second half of the harvest.

The majority of the remaining crops left to harvest as of last month were in Scotland, Wales and Northern Ireland, with just small amounts of spring crops left to harvest in the English regions.

The UK harvest report has been prepared by ADAS for AHDB Cereals & Oilseeds. The crop estimates are below:

  • Winter wheat: harvest 99% complete - progress of winter wheat harvest progress was rapid during the first half of harvest due to the dry conditions. The UK national estimated average wheat yield for 2018 is between 7.8t/ha and 7.9t/ha (adjusted to 14.5% moisture), which is below the five-year average yield for wheat (8.2t/ha).
  • Spring wheat: harvest 99% complete - the estimated 2018 yield is 5.0t/ha to 6.0t/ha, although this varied significantly depending on soil type, from 7.5t/ha to under 3.0t/ha.
  • Winter barley: harvest complete - the estimated 2018 yield for winter barley is 6.9t/ha (adjusted to 14.5% moisture) which is in line with the five-year average (6.9t/ha).
  • Spring barley: harvest 98% complete - the spring barley yield is estimated to be 5.2t/ha to 5.3t/ha. This compares with a five-year average yield of 5.8t/ha, so is a 9% to 11% reduction in yield.
  • Oats: harvest 99% complete - the estimated 2018 oat yield (winter and spring varieties) is 5.2t/ha to 5.3t/ha, which is below the five-year average of 5.7t/ha.
  • Winter oilseed rape: harvest complete - the 2018 yield for winter oilseed rape is 3.4t/ha to 3.5t/ha, which remains slightly below the five-year average of 3.5t/ha.
  • Bumper maize harvest makes dent

    The results of a bumper global maize harvest are now being felt as downward pressure is asserted on to world grain markets this week. This follows the news that the International Grain Council has revised upwards its total grain (wheat and coarse grain) availability estimates.

    The revision is driven by increased maize production prospects for the US (+6.1Mt), the EU (+2.7Mt) and Ukraine (+1.2Mt), the AHDB reports.

    Total maize stocks held by the major exporters (Argentina, Brazil, Ukraine and US) were revised up more than 5%.

    EU rapeseed production revised increased

    The 2018/19 EU rapeseed production estimate has been raised to 19.7Mt by the European Commission, a 0.5Mt rise from its August estimate. However, despite the estimated increase, production still remains below average.

    US harvest ahead of average

    On Monday, the USDA Crop Progress Report pegged the US maize harvest at 26% complete compared with the 17% five-year average. Approximately 69% of the corn crop is rated as good or excellent.

    The USDA also stated that the US soya bean harvest is currently 23% complete v the 20% five-year average. A total of 68% of the soya bean crop was rated as good or excellent.

    On the Euronext exchange (MATIF) in Paris, maize and oilseed rape futures recorded gains over the last week.

    Rapeseed prices from Paris for November delivery were up €14/t since last week to €376/t. November 2017 maize prices recorded a €0.3/t increase over the previous week to finish at €174.25/t by the close of trade on Monday.

    Milling wheat for delivery in December recorded a €0.3/t loss since last week to finish yesterday’s trade at €202/t.

    Looking across the water to the Chicago grain market (CME) soya beans and maize both recorded gains over the past seven days while wheat was back slightly.

    2018 December futures now stand at $143/t for maize, up $2.4/t and $315/t for November-delivered soya beans, up $4.3/t. US wheat prices also recorded a loss over the past week with prices for the December-delivered crop down $5.1/t to $187/t.

    Read more

    Market news: US harvest progressing well while winter planting begins in Russia

    European cereal harvest down over 12%