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Crop concerns bolster market support

After hopes of improved Black Sea export flows weighed on prices last week, grain prices have rebounded amid concerns about crop conditions and harvest progress. Nov-26 UK feed wheat futures…

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Crop concerns bolster market support

After hopes of improved Black Sea export flows weighed on prices last week, grain prices have rebounded amid concerns about crop conditions and harvest progress. Nov-26…

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Crop concerns bolster market support

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After hopes of improved Black Sea export flows weighed on prices last week, grain prices have rebounded amid concerns about crop conditions and harvest progress. Nov-26 UK feed wheat futures have fallen slightly, but at £211.75/t sit only a fraction behind where they started the previous week. According to the AHDB, Black Sea developments were a key source of volatility for grain markets. Traders balanced continued Russian and Ukrainian attacks against hopes that a Turkish-backed truce on commercial shipping could reduce disruption and improve export flows. Ongoing Russian and Ukrainian wheat shipments, including sizeable offers from Baltic ports, limited the…