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Grain prices fall further with peace talk progress

With the clocks going back, so have grain prices too. Nov-26 UK feed wheat futures slipped for the third week running, currently standing at £193.00/t. Following US special envoy Steve…

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Grain prices fall further with peace talk progress

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With the clocks going back, so have grain prices too. Nov-26 UK feed wheat futures slipped for the third week running, currently standing at £193.00/t. Following US special envoy Steve Witkoff travelling to Moscow and Oslo for meetings with Presidents Putin and Zelenskyy, trilateral talks look likely, although strikes by both sides continue. Any deal is likely to see a return of Black Sea grain flows; in the meantime, Ukraine has requested increased transit capacity from Poland, Romania, Slovakia and Hungary to move grain overland. But other pressures have weighed on markets. Better weather in the US has seen strong…