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Markets hold despite volatility

After a turbulent week, grain markets have held on to the gains made in the middle of the month. Nov-26 UK feed wheat futures remain close to £200.00/t. At one…

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Markets hold despite volatility

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After a turbulent week, grain markets have held on to the gains made in the middle of the month. Nov-26 UK feed wheat futures remain close to £200.00/t. At one point last week, the contract hit £207.00/t but came back down due to profit taking and false reports that Ukraine was discussing ways to protect vessels using its Odesa-region ports for grain exports. According to AHDB analysts, disruption in the Black Sea remains the main market driver as attacks on ports and commercial vessels continue. With both Ukraine and Russia having harvested significant grain volumes, any prolonged or complete halt…