Daily Market News 11 (3)

Market NewsThe aim of the Market news section is to share market information and provide greater insight and analysis on market developments and industry issues in the beef and sheep meat sector. If anyone happens to be in Madison this Saturday, you can find us at one last outdoor Dane County market on the capitol square. Last week’s total was a marketing year high of 636 TMT, up 58% on 401 TMT on the previous week. The market is also keeping an eye on developments between Russia and Turkey following the shooting down of a Russian jet that had allegedly violated Turkey’s airspace on Tuesday. The Argentine situation just adds to the whole bearish vibe reverberating around the market at the moment.

Chicago soybeans fell to a 6-year low in overnight trade following the news that opposition candidate Mauricio Macri won the weekend’s presidential election run-off in Argentina. Corn: As with beans, the corn market closed slightly lower on the day, but a bit higher for the week. Brazil are said to be actively offering corn 18 to 20 cents/bu cheaper than the US in the world market. Wheat: The wheat market closed a bit lower on the day, and mostly easier for the week. For the week Chicago wheat was down 7 1/4 cents, with Kansas losing 8 1/2 cents and Minneapolis adding 4 1/2 cents. Energy conservation is likely to remain a key driving factor within the FM market.Market News

The USDA currently has EU 2015/16 wheat ending stocks at 16.34 MMT, a 22.7% increase versus the end of last season – and that assumes that we can reach their ambitious export target this campaign of a reduction over 2014/15 of less than 7%. On the international tender front, Tunisia bought 125,000 MT of soft wheat for Dec/Feb shipment, along with 92,000 MT of durum for Feb/Apr and 50,000 MT of feed barley for January. London & the South East represents the largest market for plumbing contracting services, accounting for 28% of all installations by value.

These facts have been extracted from AMA Research’s report ‘Plumbing Contractors Market Report – UK 2015-2019 Analysis’, available from or by calling 01242 235724. These facts have been extracted from AMA Research’s report ‘Non-Domestic Catering Equipment Market Report – UK 2015-2019 Analysis’, available from or by calling 01242 235724. These facts have been extracted from AMA Research’s report ‘Health and Safety Products Market Report – UK 2015-2019 Analysis’, available from or by calling 01242 235724.

The prefabricated plant rooms market is a developing sector and as such, has seen significant growth in recent years. However, the sector’s performance is highly dependent on the performance of the wider manufacturing industry, the M&E engineering market and the overall construction industry. Following a significant fall in 2012, the market grew strongly in 2013 as a result of the improving economic climate and continuing growth in key end use construction markets. Prefabrication within the plant room market remains a growing concept and penetration across many end use sectors is low, offering potential for continued good levels of growth.

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