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UK May feed wheat futures fell £1.65/t to £153.60/t amid North African wheat tenders. Commentary highlights large UK maize imports, South American supplies and a Black Sea maize export push as pressure on UK barley prices.
Cheap maize substitutes compete with barley in UK feed rations, which can cap barley prices over the rest of the season.
ahdb.org.ukFeb 12, 2020Not 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.
