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UK ex-farm feed wheat rose just over £1/t in the week to 19 April on dry weather and tight old-crop supplies, averaging £144.70/t. Feed barley rose 40p/t to £121.20/t while breadmaking wheat was flat.
Frosts were also reported in some relatively advanced crops.
Dry conditions in Western Europe and tight UK feed wheat supplies support feed grain prices into the new crop year, raising input costs for feed buyers.
fwi.co.ukSuzie HorneApr 19, 2017After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
