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UK feed wheat and May-25 futures bounced back from multi-month lows on 29 October, with Paris rapeseed also gaining on palm oil supply concerns in Malaysia. The malting barley premium has returned to its historical average after falling since September, weighed by ample supply and weaker demand.
A narrowing malting premium reduces the incentive for barley to be diverted to malt, keeping more barley available for feed use and easing pressure on feed grain prices.
mainsitelive.azurewebsites.netOct 30, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
