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May 20, 2019

CRM AgriCommodities Market Review – 20th May 2019

In the wake of an improving domestic outlook and depressed global markets, Nov-19 LIFFE feed wheat scored last Monday a fresh contract low of £139.50 or about £10/T below last year’s level whilst on the physical market, prices continued to trade between £130-135/T for harvest movement. Rapeseed prices remain underpinned as a lower planted area and deteriorating EU crop conditions keep buyers wary in a market which is looking increasingly tight later into the season whilst domestically a weaker pound is also helping.

Click here to read this week’s Market Review report.

May 20, 2019