Wheat field in Canada© Rex
Grain markets have drifted over the past week, with British wheat exports continuing to struggle against adverse £:€ exchange rates. London wheat futures ended the week to Tuesday down by £4.60/t for March and £3.65/t for November, putting physical trade at about £114/t ex-farm for spot movement. “There is increasing pressure on UK wheat to find export demand if a large carry-over into next year is to be avoided,” said HGCA senior analyst Amandeep Kaur Purewal. By the end of […]
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