# Grain price: Markets showing signs of resurgence - Agriland.ie

> LIFFE November wheat rose to £163 per tonne on June 29 from £154.75 on June 19, and MATIF December wheat reached €181.75 by June 29. The gains followed USDA's cut to its Russian wheat crop estimate to 68.5 million tonnes and drought-reduced Texas and Kansas harvest quality.

- Date: 2018-06-30 · published 2018-06-30T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/64556-grain-price-markets-showing-signs-of-resurgence-agriland-ie
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

European and Black Sea supply concerns are lifting feed wheat prices, making wheat a more expensive feed ingredient for buyers.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/grain-price-markets-showing-signs-of-resurgence/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.