Datahub

US corn area is up for debate as prices have moved lower since recent planting and stock data was taken, meaning farmers planting decisions could easily change.

Excess moisture in the US Midwest may delay sowings in some of the early-sown states, although the main sowing period is still a few weeks away, which may allow fields to dry.

Australian wheat production is set to rebound more than six million tonnes on improved soil moisture to a four-year high of 21.35mt after this year’s catastrophic harvest.

What to watch: Our old crop price level destiny, for now, is largely wrapped-up in the French/Russian export battle.

The co-operative structure was ideally suited to help farmers make the most of the data they collect, according to speakers at the Scottish Agricultural Organisation Society (SAOS) annual conference (Thursday Jan 30). 

What to watch: 2020 wheat production estimates remain difficult to predict, but it is clear we will need to import a huge tonnage. The spread between UK and Continental prices will remain the key metric to monitor.