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UK feed wheat ended the week at an average of £168.50/t ex-farm on September 21, and barley rose about £2.50 to £164/t. Analysts noted a near-record US maize crop limiting rallies and said the Vivergo biofuel plant shutdown may only modestly reduce UK wheat demand.
Stable UK cash grain prices with a near-record US maize crop point to limited upside, while the Vivergo closure trims a possible source of domestic wheat demand.
fwi.co.ukSuzie HorneSep 21, 2018Not 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.
