- Location
- Stoneleigh
Wednesday 25 August
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- UK feed wheat futures (Nov-21) closed up £0.50/t yesterday, to £194.00/t. UK wheat looked to take their lead from Paris wheat futures yesterday, supported by tightening wheat supplies.
- Yesterday Chicago soyabeans futures (Nov-21) made their largest daily gain since June, closing up $14.32/t to $489.28/t. Prices found strength from falling US crop conditions, with worries hot and dry weather is negatively impacting on yields.
- Also supporting oilseeds yesterday are rebounds in soyaoil. This comes as US biofuel mandates are questioned.
- The possibility of another La Nina also continues to support row crop prices, threatening to bring further dryness to South America.
Latest futures market prices available here
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