Delivered feed and bread wheat prices both closed higher last week whilst feed barley prices fell 50 pence per tonne.
Traders noted a reduced volume of farm grain being made available to the market last week, which is helping to support prices. The protracted nature of harvest this season meant the traditional storage squeeze at the end of harvest has been less severe.
Producers south York are currently occupied with post harvest fieldwork and whilst feed wheat prices remain in the very low 60s per tonne, are reluctant sellers.
Bread wheat premiums have settled into a 14 -17 per tonne spread above feed wheat prices, depending on location. This time last season the same premium over feed was between 22 and 26.
Taken from HGCA weekly MI Bulletin|
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