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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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UK wheat recovers from 2-month low

After falling to a near 2-month low last week, Nov-19 LIFFE feed wheat attempted to recover amid a struggling Sterling although the £149.50 mark still acts as a strong ‘technical resistance’. The Brexit saga continues with the ‘Boris vs Jeremy’ fight in full swing although the two Conservative opponents agreed…

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