321 - Facts, Figures and Speculation

In this week’s episode Andrew is joined by Webby to discuss the dynamics of the 2024 harvest.Andrew justifies his reasoning for his recent opinions of the market, stating that there is going to be a surplus that cannot be carried and that there is no option to export as we are not competitive. This means the most likely direction for old crop UK wheat is to go down in value.Andrew talks about the inequalities in farm subsidies between European and UK farmers.The duo goes over some world wheat carry over stock statistics.They speculate over the conditions of crops around the world and what it could mean for the upcoming marketing season.  Hosted on Acast. See acast.com/privacy for more information.