Grain prices have rebounded from the falls of last week, with May-26 UK feed wheat futures back at £174.45/t, where they were at the middle of the month. Support hasn’t just come from the uncertainties over the Gulf conflict but weather risks too. Dry weather across the US Plains has seen severe to extreme drought conditions in major wheat producing states such as Oklahoma, Kansas and Nebraska. Rains are forecast for these areas over the next week, which will help relieve some crops. AHDB analysts expect the trade will monitor this closely as it is a fundamental market driver, with…