Why are our milling premiums under pressure?

For several weeks now I have commented that ‘milling premiums have continued to be pressured’, despite a firmer feed wheat base. More specifically, the ex-farm price for milling wheats has remained generally unchanged in recent weeks, despite the increase in feed wheat prices. So whilst the markets are fairly quiet, I thought I would take this opportunity to devote this week’s column to the...
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This month’s WASDE brings some alterations to demand

  It has been a mixed week for the grain markets over the last seven days (just for a change). London LIFFE feed wheat soared towards the end of last week, with ex-farm values for spot feed wheat equating to around £216-8/T. The May 2013 London feed wheat future soared to £229/T (around £223/T ex-farm), whilst pre-harvest movement would have easily made £225/T ex-farm. Feed wheat for...
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Spring Naked Oat Contract for Harvest 2013

We are looking for a number of growers to supply a limited tonnage of Naked Oats for Harvest 2013. Spring oats have become a popular alternative for growers in the North of England, providing both a useful and profitable spring alternative. Additionally, the ‘fixed premium over a feed wheat base’ concept provides the best possible assurance of value from a crop which has developed a growing...
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