Wheat prices rise further after poor yields across Europe

05.08.2016

Spot feed wheat prices jumped by £3.80/t in the week to Wednesday (3 August) to average £113.80/t ex-farm, buoyed by disappointing yields across Europe.

Nearby futures prices also reached their highest level in more than eight months after a consultancy firm slashed its French wheat crop estimate by 2m tonnes to 28.2m tonnes. UK yields were also in question after winter barley and oilseed rape proved disappointing.


fwi

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