Feed production in Great Britain is expected to remain relatively stable this season. Lower availability of domestic feed grains and the competitiveness of imported maize will shape feed rations.
Tighter domestic wheat supply and import competitiveness of maize shift feed grain substitution and can firm prices for alternative feed grains.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.