Loading…
AHDB reports UK ex-farm feed wheat and barley prices rising on tight global wheat supplies, with barley gaining more than wheat to narrow the discount. USDA October WASDE cut crop estimates for the US, Canada and the Middle East, and EU soft wheat exports are running 36% ahead of last year.
Tightening global wheat stocks among major exporters supports wheat and barley feed prices and raises the cost of wheat-based feed rations, with the Australian harvest the next key test.
ahdb.org.ukOct 28, 2021After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Not enough comparable past events yet for a historical read.
After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.
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.
