CRM AgriCommodities Market Review – 5th October 2018
Despite a fall in price since August, Nov-18 LIFFE feed wheat futures contract settled higher for a third consecutive quarter, +8% in Q3 or +25% since the beginning of the year. The past few weeks have seen OSR post a strong recovery, trading €16/T higher over a two-week period as conditions across the EU and globally continue to deteriorate causing concern for plantings and harvest prospects.