About Black Silo

Empowering Commodity Traders with Expert Knowledge and Timely Analysis

About Black Silo

Your Trusted Source For Commodity Market Expertise

Black Silo is dedicated to offering in-depth insights, thorough analysis, and strategic guidance for the ever-evolving global commodity markets. Born out of a growing demand for greater transparency and actionable intelligence, Black Silo serves as a trusted resource for traders, investors, and businesses.

Our mission is to equip our clients with the tools and data needed to navigate the intricate landscape of agricultural, biofuel, and energy markets — sectors that are deeply interconnected and constantly shifting. Whether you’re managing supply chains, assessing risks, or seeking new opportunities, Black Silo ensures you’re equipped with the knowledge to stay ahead of the curve.

With decades of combined industry experience, we leverage our practical expertise alongside cutting-edge market analysis to deliver timely and accurate insights. Our reports and strategies are designed to support your decision-making processes, helping you optimise market positions, mitigate risk, and maximise profitability.

At Black Silo, we’re not just about observing the markets — we aim to empower you with the information and understanding required to make confident, informed choices in today’s fast-paced commodity landscape.

Black Silo Commodity Consulting
Years of Experience
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Join our exclusive membership and gain access to daily reports, expert analysis, and up-to-date market insights tailored to your trading needs.
What are Fryers Reports?

Your Daily Market Insight

The Fryers Reports are the brainchild of Noel Fryer who began distributing his independent-minded cash market reports over 20 years ago.

Born from a need for short, simple but informed daily snapshots of global cash markets in grains and oilseeds the Fryers Reports is a staple source of unbiased information for commercial traders around the world. 

The Fryers Reports cover grains (wheat, barley, and corn) and protein markets (oilseeds, protein meals, and vegetable oils). There are four daily reports: three are distributed in the morning (European time), focusing on global wheat cash markets, feed grains (primarily barley and corn), and proteins. Each evening, the EU-Black Sea Report provides an update on Black Sea cash markets for grains. Additionally, there is a weekly recap and a monthly post-USDA report recap.

Reports can be subscribed to individually or as part of a package, with special offers available for two or more subscriptions.

Black Silo Fryers Reports Rory and Noel Fryer
Rory Deverell Risk Management Consulting Black Silo
Meet Rory

The Expert Behind Black Silo

Rory brings over 15 years of hands-on experience in the commodity markets, with an extensive background in trading, risk management, and market analysis. Raised on a farm, Rory’s deep connection to the land has given him an innate understanding of agricultural cycles and how they impact global supply chains.

His early career began with a PhD focusing on biofuels and their influence on commodity markets, which paved the way for key roles at leading physical trading and financial services firms. These roles enabled Rory to work closely with a wide array of clients across the agriculture, biofuel, and energy sectors, honing his ability to identify market risks and opportunities.

Throughout his career, Rory has remained committed to helping businesses and traders make informed, data-driven decisions. His practical knowledge of the interconnected nature of commodities — from grains and oilseeds to biofuels and energy — gives him a unique perspective that drives Black Silo’s in-depth reports.

With a passion for helping others navigate the complexities of these markets, Rory is dedicated to continuing the legacy of the Fryer’s Reports, ensuring Black Silo provides the same high standards of insightful analysis and actionable intelligence that businesses have come to rely on.