Wheat harvest(c) Rex
Low milk prices and pressured livestock margins are forcing farmers to think more carefully when buying feed, traders have suggested. High soya supplies are keeping protein prices in check, while spot feed wheat prices are well below £120/t ex-farm. But cashflow pressure has caused producer caution when locking-in feed costs. Anglia Farmers’ feed and raw material manager Phil Garnham said lower wheat prices meant that trade was busy but dairy farmers particularly were more hesitant. “If the price of soya […]
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