Global surplus hits 2023 wheat prices

International factors are driving the grain market, with the prospect of more Black Sea wheat and a delayed order for French wheat by the Chinese putting pressure on prices.

clock • 2 min read
Global surplus hits 2023 wheat prices

The November 2023 wheat price on the London ICE exchange has now closed with the last price at £185/tonne. That was only £10/tonne more than at its start in July 2021. In the intervening 28 months it...

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