Volatility Continues

  It has once again been a rather volatile week for the grain markets with feed wheat for spot collection fluctuating anywhere between £112.00 – £117.00/T over the last seven days. Both currency and wider economic variables appear to responsible for the above; which in other words means that influences which in fact have very little to do with physical supply and demand are currently...
read more

Volatility Continues

Feed wheat values have continued to fluctuate in accordance with currency again this week and have traded anywhere between £112.00-116.00/T ex-farm over the last seven days. Once again physical supply and demand doesn’t appear to be any different and this month’s all important World Agricultural Supply and Demand Estimates (WASDE), courtesy of the US Department of Agriculture (USDA) didn’t...
read more

£110.00/T – A Selling Opportunity?

Having been convinced that UK feed wheat values would have retreated to £100/T ex-farm by now, it was rather surprising to see that values have actually increased by several pounds per tonne this week. Even though values further south in Norfolk, Suffolk, Dorset and others traded sub £100.00/T ex-farm last week, values in our part of the country were kept buoyant given the relatively local...
read more