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As 2019’s summer “hellish heatwave” overwhelms Europe, memories are triggered of the great British summer of 2018. Sunshine drenched crowds poured out onto the streets from the bustling bars and pubs as World Cup fever coincided with the hottest summer on record (Met Office). Beer consumption was booming, as its ingredient’s prices rocketed. Indeed, malting […]
Weather is wreaking havoc in the brassica markets as rains have reduced supply in the UK and demand continues to grow for the healthy products. Heavy precipitation in June shifted a dry season into an overly wet one in a matter of days (figure 1) in Lincolnshire UK. The flooded crops have resulted in price […]
Rainy and wet conditions have slowed grain plantings in the US and the historically late crop is having implications for global prices and volatility. This is centred in the wheat and corn markets but is having knock-on effects to other markets, especially soybeans. This move in the grain markets will have implications for many industries […]
The global and UK pig and pork markets are currently being pushed and pulled simultaneously by various factors that could result in major price swings. This environment has resulted in elevated price volatility and uncertainty with regards to future investments, stocks and just about everything else. Will pork prices rally as African Swine Fever (ASF) […]
There are few certainties when it comes to agriculture, but increasing input costs seems to be one trend UK farm businesses can count on. While higher profits from a weaker pound might have masked the fact that input costs rose by 4% in 2017, last year many producers were left with much lighter wallets. According […]
When it comes to providing a safety net to agriculture, the United States’ government-backed crop insurance is something farmers will wistfully mention when they hit difficult times. But the natural disaster experienced by growers in the Midwest in recent weeks shows that government support can’t always be as effective as it sets out to be […]
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