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May LIFFE wheat futures closed on November 3 at £201/tonne, down £2.25/t on the week. UK May wheat contracts hover around £200/t while barley has held firmer than wheat.
Lower UK feed wheat values make wheat a cheaper alternative in feed rations, while firmer barley supports feed grain costs for UK livestock buyers.
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.