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Defra's first official estimate for the 2018 UK harvest shows wheat output down 5.1% from 2017 at 14.1 million tonnes and barley down 7.9% at 6.6 million tonnes. Both are below the five-year averages.
Spring barley yields fell 8.7% and oat area rose 7.8%.
A smaller UK wheat and barley crop increases reliance on imports and supports feed grain prices, particularly for barley-based rations.
farminguk.comFarmingUK TeamOct 28, 2018After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
