Lorries wait to unload grain for export © Tim Scrivener© Tim Scrivener
Global grain markets have ended their two-week rally in fairly spectacular fashion, with profit-taking by funds eroding much of the previous increases. Chicago soya bean futures lost half of a week’s gains in just one day last Friday (22 April), with maize and wheat futures following a similar trend. UK values reflected these global movements, albeit in a more muted fashion, with spot feed wheat losing £1.60/t in the week to Wednesday to just under £102/t ex-farm. Oilseed rape fell […]
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