UK wheat prices follow France downwards HGCA

  • Delivered feed and milling wheat prices fell between 50p-2.50/t last week, while barley prices remain mostly unchanged.
  • UK feed wheat prices fell largely in line with lower French wheat prices, with the Pounds continued strength providing little comfort.
  • Traders reported that, while trading activity was healthy, a large proportion of trade is focused in the Midlands, with markets further south and west largely ignored.
  • Prices on UK export markets for feed wheat were 75p-2.00/t lower than last week (in line with lower wheat futures). The market responded to a weaker French market, slow export business and a strong Pound. Trade sources reported that most of last weeks busienss was confined to paper trade.

    Taken from HGCA weekly MI Bulletin
    To contact the HGCA phone 020 7520 3972

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