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Grain prices continue to bounce along the bottom

After UK feed wheat futures hit new contract lows earlier in the week, prices have recovered slightly. The latest AHDB Grain Market Report shows UK feed wheat futures (May-26) at…

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Ag-drive app updated

Ag-drive, the all-in-one app for agricultural contractors and farmers, is now available in multiple languages to help all staff use the app. Additionally, recent updates mean…

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Grain prices continue to bounce along the bottom

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After UK feed wheat futures hit new contract lows earlier in the week, prices have recovered slightly. The latest AHDB Grain Market Report shows UK feed wheat futures (May-26) at £169.00/t, while the new-crop (Nov-26) contract also gained slightly, currently standing at £171.90/t. There is already significant pressure from an ample supply situation coupled with competitive supply, particularly Argentinian new crop following recent upward revisions. A fall in the value of sterling helped increase the competitiveness of UK wheat. What traders will assess now is the interest cut by the Bank of England, although it was anticipated. AHDB arable specialist…