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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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CRM AgriCommodities Market Review – 15th July 2019

After dropping to a near 2-month low of ~£143/T due to harvest progress in Europe last Wednesday, Nov-19 LIFFE feed wheat bounced back above its key 100-day moving average around £148.50/T with the USDA cutting its 2019 Russia wheat production forecast by more than expected. As expected, the controversial end…

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