standing wheat© Tim Scrivener
UK wheat prices have taken a tumble in the week to 16 August, losing £5.80/t to average £127.80/t ex-farm for spot delivery. Values were affected by the release of the US Department of Agriculture’s world supply and demand estimates last Thursday (11 August), which pegged 2017 global wheat production at a record 264.7m tonnes, up more than 4m tonnes on the July report. See also: More prices and trends Production in the EU, US and Canada was estimated down 2.9m […]
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