Commodity - Defra cut UK harvest 2020 wheat production estimate: feed market report.
Byline: S. Kamal Hayder Kazmi
UK ex-farm grain prices gained throughout December. With spot feed wheat quoted at APS197.60/t and feed barley at APS143.30/t, on 31 December. This has increased the discount of feed barley to feed wheat even further, now at APS54.30/t. UK wheat has been following global grain prices up due to a very tight domestic supply, this has been supporting feed barley prices.
On 22 December, Defra released their final estimates for the 2020 UK crop. Reductions were seen for both wheat and barley production. The largest decline was for wheat, with production now estimated at 9.66Mt, down...
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