Week Beginning 29th March 2016

The London LIFFE wheat future for May 2016 closed at £105.00/T on Thursday 24th March – an early close ahead of the 4 day Bank Holiday Weekend. In opening trade this morning the future is valued £1.00/T higher at £106.00/T. With another shortened week ahead, markets are quiet this morning with limited buyer interest. Those that are looking to make a purchase appear to be ignoring the fact...
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Week Beginning 21st March 2016

The London LIFFE wheat future for March 2016 closed at £100.90/T on Friday evening (18th March) – £0.40/T lower than the week previous. As the future is due to expire anytime now, it is now important to consider the London LIFFE wheat future for May 2016 – this closed at £103.10/T on Friday evening. Despite the movement on the screen, physical ex-farm values for old crop feed wheat...
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Week Beginning 14th March 2016

The London LIFFE wheat future for March 2016 closed at £101.30/T on Friday evening (11th February) – £1.15/T higher than the week previous. Although the screen may have experienced a volatile week, physical values were unchanged throughout with £100.00/T ex-farm offered for spot collection. Buyer interest remains stagnant for the April/May/June period – with such a large carryover...
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Week Beginning 7th March 2016

The London LIFFE wheat future for March 2016 closed at £100.15/T on Friday evening (4th March) – £1.35/T lower than the week previous. On Thursday evening, the wheat future dropped below the benchmark figure of £100.00/T and traded at £99.15/T – this is a first for a front month since the summer of 2010. Feed wheat for spot collection this month is currently valued in the region of...
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