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UK feed wheat futures for May fell to a new low of £176/t on 30 January, and spot feed wheat averaged £167.2/t on 26 January, down 7% since the start of the year. Feed barley averaged £145.7/t, and milling wheat held a £68/t premium over feed wheat.
Farm margins are being squeezed as grain prices fall.
Falling UK feed wheat and barley prices reflect ample supply and weaker demand, lowering feed grain costs for buyers in Europe while squeezing grower margins.
fwi.co.ukCharlie ReeveJan 31, 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.
