# Markets analysis: cropping margins for 2020 - Farmers Weekly

> Farmers Weekly's UK cropping margin analysis for 2020 shows feed wheat values recently rising on US maize planting problems, though the global wheat market still looks well supplied. A possible no-deal Brexit could impose a €12/t tariff on UK wheat exports to the EU within a quota. The Vivergo bioethanol plant's offline status also pressures feed wheat demand.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/58670-markets-analysis-cropping-margins-for-2020-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Global wheat remains well supplied, so US maize planting delays give only limited support to feed wheat prices, while Brexit tariff risk and reduced UK biofuel demand weigh on UK feed wheat.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-04 | [Market Outlook Considerations for Week Beginning June 4, 2018](https://feedsoft.ai/events/6747-market-outlook-considerations-for-week-beginning-june-4-2018.md) | +0.2% | -1.4% |
| WHEAT | 2020-03-10 | [Daily Market Wire 10 March 2020 - Grain Central](https://feedsoft.ai/events/11272-daily-market-wire-10-march-2020-grain-central.md) | -4.8% | -5.7% |
| WHEAT | 2018-05-31 | [Should U.S. Farmers Fret Over Falling Ag Currencies?](https://feedsoft.ai/events/64951-should-u-s-farmers-fret-over-falling-ag-currencies.md) | +0.2% | -2.0% |
| WHEAT | 2020-03-24 | [Feed grain report (March 2020) \| AHDB](https://feedsoft.ai/events/6105-feed-grain-report-march-2020-ahdb.md) | +3.1% | +2.6% |
| WHEAT | 2016-08-14 | [Global prices, bumper crop, monsoon bring relief: Farm clouds begin to clear](https://feedsoft.ai/events/9954-global-prices-bumper-crop-monsoon-bring-relief-farm-clouds-begin-to-clear.md) | -0.3% | -2.5% |
| CORN | 2018-01-28 | [U.S. dollar impacts grain prices - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/67028-u-s-dollar-impacts-grain-prices-agweek-1-source-for-agriculture-news-farming.md) | +0.1% | +0.9% |
| CORN | 2022-06-23 | [Wild 2022 in grain markets sparks 2008 comparisons \| Reuters](https://feedsoft.ai/events/40978-wild-2022-in-grain-markets-sparks-2008-comparisons-reuters.md) | +1.6% | -10.7% |
| CORN | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +1.1% | -3.7% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/expert-advice-on-cropping-margins-for-2020

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.