top of page

Orion Farming Group Weekly Straights Update: 30th January 2025

Writer's picture: Orion Farming GroupOrion Farming Group



The figures in the charts are an indication only and reflect levels traded on Wednesday.


​Click on a product name for more information


  • Whilst weather remains a sticking point in both Argentina and Brazil, the market has moved back.

  • Argentina continues to see inadequate rains and warm temperatures, which looks set to stress the soy crops moving towards the critical pod filling period.

  • Brazil is still seeing rains which has been keeping harvest at a slow pace.

  • Markets had instead re-focused on the record breaking crop still expected in Brazil and also temporary cuts to export taxes on Argentinian grain, lasting until the end of June.

 

  • As with soya, prices moved back overall.

  • Nearby prices kept steady due to reduced availability at the two crush plants in the UK, imported rapemeal, as a result, is competing quite well into some regions for old crop (spot – Jul) for now.

  • No official announcement of tariffs from the US as yet, but it is one that the market will be watching closely, given the importance of the US market for Canadian canola.

  • Against soya, rapemeal is still looking dear on the old crop levels, new crop looks a bit more attractive.


  • Similar story to last week, with minimal availability until April – shippers are trying to avoid bringing in additional hulls, as if they do they will have to drop the prices, should they not clear their stock before summer, (which is a discount to nearby).

  • Summer levels look much more reasonable and look good value on the fibres market.

 

  • Availability nearby has tightened up further, with limited maize distillers meal available now.

  • Wheat distillers pellets are still not available until the summer, with Vivergo producing contract material only.

  • Maize distillers prices for the summer have eased off as currency improved, but US ethanol production margins remain poor overall.


  • Prices are holding steady overall, with home produced sugarbeet dominating the market, although they have just withdrawn from the market as the mills are coming to the end of production, so they are looking to reconcile stocks before re-offering.

  • With regards nearby fibres, then its worth considering sugarbeet vs soya hulls, as the price gap has narrowed.

  • On the summer, it looks uncompetitive against hulls again.


  • Prices moved back overall, as there was mixed news, globally.

  • Argentina cut their export taxes on grains until June, in order to assist farmers who have been suffering from drought – this brought a bearish element to the market, (though their crop is being downsized…).

  • On the bullish side, North American crops remain at risk of winter kill due to the recent cold spells and the lack of immediate tariffs from the US, is keeping Chicago grain markets supported for now.


​And finally, totally irrelevant but quite interesting facts of the week…….

In the USA, ransom payments to kidnappers are tax-deductible and by the time they reach 17, most British children will have been driven 80,000 miles by their parents.


Notes:

All data in this report are provided by KW. Price indications are based on 29t bulk tipped loads delivered to Oxfordshire and are guide prices only.

For firm prices and availability, please contact Joe Cobb on 01865 393 139


Livestock Straights Feed Prices


 

Historical Product Prices​

  • You can look back at previous product prices here

  • Use the filters below to select the Product and the Date




 

Spot Price Trends 01/01/21 to 29/01/25 (£/t)

  • ​'Price at Fixed GBP to USD (Jan 2018)' takes out the effect of exchange rate movements between £ vs. $





 

Currency Trends as of 29/01/2025. Blue = GBP:USD. Red = GBP:EUR




 

Applications and Data Analytics for Orion developed by Demand Economics Ltd.


 

25 views0 comments

Comentarios


Los comentarios se han desactivado.
  • Facebook
  • Twitter

Orion Farming Group,

Unit 3 St Johns Yard,

Main Road, Fyfield, Abingdon, Oxon, OX13 5LN

Email: stuart@ofg.org.uk
Tel: 01865 393131

Opening Hours

Monday to Thursday 8.30am to 4.00pm
Friday 8.30am to 3.30pm

Follow Us

  • X
  • Facebook

Subscribe to Our Newsletter

Thanks for subscribing!

© 2024 by Orion Farming Group All Rights Reserved

Web Build and Design by Annie Lewis Marketing.

Privacy Policy

If you would like to join as a Member or as a Supplier,  to sample the Orion App or to request a benchmarking exercise, please complete our contact form and we will get back to you soon

Contact us

How can we help you?

Thanks for submitting!

bottom of page