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UK feed wheat for May-23 closed at £193.50/t and new-crop Nov-23 fell to £207.80/t, with the carry narrowing. Ample Black Sea supply pressured prices, while concerns over the Black Sea Initiative's renewal capped losses.
UK barley exports into the EU were reported to be holding steady.
Black Sea supply and uncertainty over the grain corridor shape wheat and barley price direction, and steady UK barley exports support regional feed demand.
ahdb.org.ukApr 14, 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.
