Tuesday Market Briefing - 27th May 2025

We saw a mini–rally in the first part of last week triggered by a sharp dip in the value of the US Dollar which of course adds value to US exports. Most of that rally washed out by Friday as favourable crop reports across the northern hemisphere reasserted themselves. Many farmers took advantage of the better values to clear out some old crop material, it does feel like there is a fair bit still to be done there. The prospect of an early harvest adds to the urgency for those who have old crop still to do.

 Most parts of the south caught a bit of rain during the week and there is another 25mm in the forecast for the next ten days which should be enough to maintain the excellent condition of the winter crops that many are reporting. It might seem paradoxical, but the best route to higher prices is always to start off with a big, healthy, high quality crop. That leads to heightened interest from buyers and eventually steady demand.

 Next week we enter June and the hectic events season, starting with the first of our grain breakfast meetings in Blandford on Thursday 5th. You should by now have received a flyer detailing where these ever popular events are taking place, let us know if you haven’t or would like to book a place.

 Have a good week.