OSR falls short of £310/T ex-farm

The London LIFFE wheat future for March 14 closed at £155.60/T on Friday afternoon (21st February) – £3.10 lower than the week previous. As for New Crop, wheat for Nov 14 closed at £148.90/T, generally unchanged from the week previous. In opening trade this morning, old crop wheat futures are currently trading £1.15/T lower. New Crop wheat futures have opened £1.40/T lower. Buyer...
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Markets Quiet Ahead of This Month’s WASDE

The London LIFFE wheat future for March 2014 closed at £154.30/T on Friday afternoon (7th February) – £5/T higher than the week previous. Old crop trade below the benchmark £150/T lasted all of a day although the improvement in values is more likely to be attributed to a decline in the strength of the pound against the Euro rather than any physical supply/demand changes – the...
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Feed Wheat Retreats to £150/T

The London LIFFE wheat future for March 2014 closed at £149.50/T on Friday (31st January) afternoon – £2.45/T lower than the week previous after some significant mid-week losses. This is the first time we have seen a tradable front month future slip below the £150/T mark since November 2011. Old crop end-user bids are therefore offered lower this morning with local interest looking fairly...
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