Lots of variation in wheat pricing; Wheat markets quiet with Independence Day; Overall positive new crop outlook across EU; UK barley crop harvest indicating positive yields; Spanish and Russian barley crop also looking positive; China demand driving Argentina soya prices; EU rape production significantly lower; When are a narwhal and a beluga not quite what they seem. When they are a belwhal. 50:50 DNA mix of the two. Find out more.
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Wheat futures remain steady whilst sterling weakened in face of Brexit. DEFRA data release. Brexit driving volatility. Russian exports declining. Little change in EU supply and demand. Drop in US maize use and winter wheat plantings. USDA report on soya. Do you fancy living living a fairytale life? It might still be possible…
UK May wheat futures continue to trade within the same tight channel of the last four weeks and lacking any significant change in local or global supply and demand it continues to do so. It seems that the inclusion or exclusion of a comma might be very expensive as a US court case has recently highlighted. Another win for the lawyers maybe?!