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AHDB financial modelling shows strong gross margins for 2022 harvest crops before a squeeze in 2023. UK feed wheat new crop futures closed at £340.10/t on 18 May, nearly double the year-earlier price, with fertiliser costs rising sharply.
Tight global grain supply and high fertiliser costs keep grain prices elevated and make input costs a key driver of future feed margins.
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.