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The AHDB weekly arable report says global grain supplies remain heavy, with next-season wheat supplies tighter but still bearish overall. Chicago maize rose last week on US dry-weather concerns, while a large share of the US maize crop is now planted.
Feed barley in the UK traded £23.50/t below feed wheat as of 25 May.
Heavy global grain supplies and large feed grain forecasts keep wheat, maize and barley prices under pressure, though US dryness and Black Sea uncertainty could shift sentiment.
ahdb.org.ukMay 30, 2023Not enough comparable past events yet for a historical read.
Not 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.
