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Over late August to late September, UK and European wheat futures rose modestly, with Nov-17 UK feed wheat up £1.60/t and Chicago Dec-17 wheat up $5.24/t. Chicago November soybean futures gained 2.8%, while Paris rapeseed fell overall.
Defra reported UK wheat stocks at their lowest since June 2014, down 48% year on year.
Tight UK wheat and barley stocks support feed grain prices and limit the supply available for feed use. Firmer soybean futures add modest support to soymeal costs for feed mills.
pig-world.co.ukChloe RyanSep 29, 2017Not 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.
