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UK feed wheat November futures reached £199/t, up from £191/t on 17 September. Milling wheat premiums climbed to £36.50/t over feed, with freight availability tight, after poor Canadian and Russian harvests.
Poor Canadian and Russian crops and tight freight are lifting global wheat and feed grain values, which raises feed input costs in Europe.
fwi.co.ukLauren HarrisSep 30, 2021After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
