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This week has brought more volatility across the US and European wheat markets.
On 3rd November, London International LIFFE (Financial Futures and Options Exchange) closed at £200.50/t. Since then, London futures traded in a £7.05/t range between £205.00/t and £197.95/t before closing last night at £201.05/t.
MATIF (Marché à Terme International de France) followed a similar pattern, closing at €240.00/t on 3rd November. Futures traded in a €8.25/t range between €245.00/t and €236.75/t before closing at €239.75/t last night.
Across the Atlantic, Chicago Board of Trade (CBOT) closed at $6.164 per bushel on 3rd November. It then traded in a $0.29 range between $6.082 and $6.372 before closing out last night at $6.220.
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
For other topical updates and advice from our experts, subscribe to our blog: www.frontierag.co.uk/blog/subscribe
Follow Frontier Agriculture on Twitter at www.twitter.com/FrontierAg
Hosted on Acast. See acast.com/privacy for more information.
By Frontier AgricultureThis week has brought more volatility across the US and European wheat markets.
On 3rd November, London International LIFFE (Financial Futures and Options Exchange) closed at £200.50/t. Since then, London futures traded in a £7.05/t range between £205.00/t and £197.95/t before closing last night at £201.05/t.
MATIF (Marché à Terme International de France) followed a similar pattern, closing at €240.00/t on 3rd November. Futures traded in a €8.25/t range between €245.00/t and €236.75/t before closing at €239.75/t last night.
Across the Atlantic, Chicago Board of Trade (CBOT) closed at $6.164 per bushel on 3rd November. It then traded in a $0.29 range between $6.082 and $6.372 before closing out last night at $6.220.
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
For other topical updates and advice from our experts, subscribe to our blog: www.frontierag.co.uk/blog/subscribe
Follow Frontier Agriculture on Twitter at www.twitter.com/FrontierAg
Hosted on Acast. See acast.com/privacy for more information.

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