Sep 14, 2026 · 35 min · 11 segments
This week Andrew is joined by Joe, Ben and Webby. Ben opens with a debrief from his recent visit to the House of Commons with the AIC. Webby then proceeds to show his age with some thoughts on…
Andrew DewingHostBenPanelistIan WebsterPanelistJoePanelist
What follows are my thoughts or gut instincts on what the market is going to do.
Yeah, well, this is fun, isn't it, everyone in the grain trade? People say, what do you think's going to happen next? And you kind of go, er, could go up, could go down.
It's kind of a very strange time with lots and lots of stuff to discuss and think about, which I covered last week.
Ben, Webby and Joe, which kind of covers the dynamic of the background of what's going on in this market.
We're recording this prior to the five o'clock USDA report, which could push the market in one direction or another, depending on what the latest projection on corn yields are in the States.
Probably the big underlying thing is obviously the Ukraine-Russia war and it's a complete lottery.
Anyway, so I will give you prices and then you can listen to the rest of it if you want to go into a bit more depth and a kind of background on how the world is feeling about agriculture at the moment.
And then it's probably worth about 210 for Feb and about, I don't know, 215 for May.
The benefit of having a longer period of market in is that the market might go up later or it might go down.
But if you were to take a judgment today, the spot price is probably better than hanging on to it.
Certainly grain temperatures, stuff in the store, it's very hard to get the temperatures down.
What follows are my thoughts or gut instincts on what the market is going to do.
Yeah, well, this is fun, isn't it, everyone in the grain trade? People say, what do you think's going to happen next? And you kind of go, er, could go up, could go down.
It's kind of a very strange time with lots and lots of stuff to discuss and think about, which I covered last week.
Ben, Webby and Joe, which kind of covers the dynamic of the background of what's going on in this market.
We're recording this prior to the five o'clock USDA report, which could push the market in one direction or another, depending on what the latest projection on corn yields are in the States.
Probably the big underlying thing is obviously the Ukraine-Russia war and it's a complete lottery.
Anyway, so I will give you prices and then you can listen to the rest of it if you want to go into a bit more depth and a kind of background on how the world is feeling about agriculture at the moment.
And then it's probably worth about 210 for Feb and about, I don't know, 215 for May.
The benefit of having a longer period of market in is that the market might go up later or it might go down.
But if you were to take a judgment today, the spot price is probably better than hanging on to it.
Certainly grain temperatures, stuff in the store, it's very hard to get the temperatures down.
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