Brexit and harvest weigh on prices

Brexit uncertainty, global depressed markets and harvest pressure continue to weigh heavily on domestic grain prices with the Nov-19 LIFFE feed wheat contract down for a third consecutive week and set to post its biggest monthly loss (10.5% or £15.50/T). After a frustrating start due to mid-August rain, last weekend’s…

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CRM AgriCommodities Market Review – 29th July 2019

UK wheat remains rangebound for now between £143/T and £150/T on the Nov-19 LIFFE feed wheat contract; awaiting further information from Russia where yields have been somewhat disappointing, yet the quality is excellent and we get confirmation of the good domestic wheat harvest. Rapeseed prices have seen ongoing support, gaining nearly…

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