Ripe wheat© Tim Scrivener
Spot feed wheat prices jumped by £3.80/t in the week to Wednesday (3 August) to average £113.80/t ex-farm, buoyed by disappointing yields across Europe. Nearby futures prices also reached their highest level in more than eight months after a consultancy firm slashed its French wheat crop estimate by 2m tonnes to 28.2m tonnes. UK yields were also in question after winter barley and oilseed rape proved disappointing. However, global markets remained bearish due to favourable weather in the US and […]
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