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UK feed wheat prices rebounded in late March, with the Farmers Weekly ex-farm price at £199/t, up £17 on the prior week. Speculation that Russia would limit exports was later denied, and Ukraine has slowed shipments.
Uncertainty over Black Sea shipments and the Black Sea corridor deal supports European feed wheat, though analysts still view the outlook as fundamentally bearish.
fwi.co.ukPhillip ClarkeMar 29, 2023Not 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.
