Computer-generated image of the Virtual Farm
The benefit of forward selling and higher-than-anticipated yields offset market price falls for the 2015 harvest year at the Virtual Farm. “Having made good early sales we have chased the market down with the last feed wheat being committed at £103/t, with the overall average price for wheat expected to be £123/t for the season,” says Andrew Wraith, Savills’ head of agribusiness. By the end of February 2016 all of the 2015 crop was committed, with half of the 2015 […]