Speaking to buyers at a trade event last week it’s apparent there is a broad consensus that wheat is about as cheap now as it’s likely to get.
Read MoreAnother tough week for wheat prices saw Nov LIFFE close below £180 on Friday, its likely now we will have something of a stand-off with growers obviously unwilling to lock into prices perceived as below the cost of production.
Read MoreAfter a bumpy week we ended higher on Friday, a welcome correction upwards, apparently driven as much as anything by dry weather in the US and Europe.
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