CRM AgriCommodities Market Review – 29th April 2019
In what could be associated with a technical rally, UK LIFFE feed wheat futures posted strong gains over the last 2 trading sessions of last week with old crop May-19 gaining up to £6.20/t or 3.8%. Global trade disputes between Asia and the West are continuing to take their toll with stocks of soybeans and rapeseed becoming increasingly burdensome with no trade agreements having yet been reached.