UK feed wheat futures for May 2023 fell £3.95/t to close at £200.85/t, and new crop November contracts lost £3.90/t. The commentary attributes the move to favourable US spring planting weather and a stronger euro, and notes that maize has seen smaller declines than wheat.
Routine daily price commentary showing weaker European and Chicago grain prices, with no new supply shock. Feed buyers face slightly softer maize and wheat values in the short term.
Not 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.