Up until Wednesday, the past week has seen the bears take control of the market.
London wheat futures for the November contract opened at £195.75/t last Thursday before shedding £8.50/t to a low of £187.25/t on Tuesday – they recovered by close of play Wednesday.
Paris wheat futures for the December contract followed a similar pattern. They opened at €231.25/t last Thursday, then dropped by €9.75/t to a low of €221.50/t and recovered on Wednesday by closing at €227.50/t.
During current intense volatility, markets can move significantly - sometimes in a matter of minutes and outside regular hours. Our MyFarm platform is free to Frontier customers and offers 24-7 access to market information and live grain prices, as well as the option to sell grain at a time that's more convenient. Find out more: www.frontierag.co.uk/myfarminfo
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