ISSUE
Gleadell Agriculture Limited
4
Viewpoint SPRING 2017 • SERIES 2
Inside this edition of Viewpoint Market Outlook Pages 2 and 3 Members of Gleadell’s trading team discuss prospects for the key commodity markets, providing a steer to growers looking to sell their produce.
Trading with the EU and the rest of the world Most of us have heard plenty about Brexit and the terms of the UK’s departure from the EU, without actually being informed as to what our future relationship with the EU will look like post March 2019. The sobering thought is that we probably have nearly two more years of Brexit discussions to endure before we actually leave the EU. We will need stamina, patience and our fingers to be crossed to emerge at the other end with a conclusion that demonstrates common sense and practical solutions have won the day. During this period, most of us have businesses to run and long-term decisions to make that are hard enough anyway, without the added complication of putting in place trade deals that are workable.
the day, and World Trade Organisation rules
Weetabix’s supply chain success
are applied to UK agri-product trade with the
Pages 4 and 5
If a ‘hard Brexit’ turns out to be the order of
EU and the rest of the world, then imports and exports of grain, non-grain feed ingredients and associated products will become harder and markets more expensive to access. In the marketing year 2015/16, the UK exported a total of over 5.5mln t of combinable crops,
Viewpoint takes a closer look at this iconic brand and the key role Gleadell and farmers play in making its wheat supply chain such a success.
of this trade, other than soy and associated
Seed and fertiliser reports
products, was transacted within the EU.
Pages 6 and 7
The implementation of tariffs and quotas will
New developments in Recommended List data and an update on the latest varieties; plus a look at the main influences on the nitrogen fertiliser market.
with 6.5mln t of imported grain and feed ingredients coming the other way. The vast bulk
mean not only potentially higher import and export costs, but also the likelihood of increased difficulty in being able to access other markets, or being able to secure long-standing essential supplies in the case of UK end consumers.
involved in the upcoming
Azotic Technologies – the future in sustainable nitrogen
negotiations are committed
Page 8
For these reasons, we very much hope that a free trade deal with the EU with regard to agricultural products will be possible, and that all parties
to delivering a sensible solution for the benefit of all market participants. David Sheppard, managing director, Gleadell Agriculture
A technology that could maintain, or even increase, crop yields without any of the associated disadvantages is under development. Viewpoint takes a closer look.