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UK feed wheat and milling wheat futures slipped as demand eased after an Egypt tender and exporters competed ahead of a Russian wheat export tax. UK rapeseed prices have stayed firm this season after production fell to 1.03Mt, with imports of at least 364kt so far in 2020/21.
Low UK rapeseed output is keeping domestic prices high enough to attract imports, and continued rapeseed oil imports are a key factor in whether the UK needs more supply this season.
ahdb.org.ukFeb 5, 2021Not 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.
