
Irish grain harvest progress is good but yields vary and acreage is reduced, with buyers largely on the sidelines. UK wheat is competitive due to a weak sterling and a strong harvest, with an estimated 1.6m tonne export surplus, and the Matif Dec 2019 wheat contract trades at its lowest since April 2018 near €167/t.
Ample European and UK supplies and strong Black Sea competition keep European feed grain prices under pressure, lowering import costs for feed buyers.
Not enough comparable past events yet for a historical read.
Not 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.