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An early, fast UK barley harvest is straining silo space, haulage and storage as grain arrives faster than buyers can take it. UK feed wheat futures were around £270/t and August ex-farm feed wheat ranged £240-255/t, with July feed barley at £207-215/t.
Heavy harvest arrivals and buyer pushback on deliveries add near-term downward pressure on UK feed grain cash prices, though volatile futures and high milling premiums keep the picture mixed.
fwi.co.ukSuzie HorneJul 19, 2022After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.
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.
