<p>Having seen a spell of speculative fund short covering propel wheat futures prices to multi-week highs earlier this month, markets have subsequently eased lower again.</p><br><p>Questions remain over Russian wheat exports and the country’s 2025 wheat production potential. However, in the near positions there is a more than adequate supply and with good cover, buyers are back on the side lines. Russian weekly wheat shipments remain at about one million tonnes per week, but this week the country missed out in one international tender.&nbsp;</p><br><p>During 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:&nbsp;<a href="https://www.frontierag.co.uk/myfarminfo" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/myfarminfo</a></p><br><p>For other topical updates and advice from our experts, subscribe to our blog:&nbsp;<a href="https://www.frontierag.co.uk/blog/subscribe" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/blog/subscribe</a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Frontrunner

Frontier Agriculture

Frontrunner - 24th October 2024

OCT 24, 202413 MIN
Frontrunner

Frontrunner - 24th October 2024

OCT 24, 202413 MIN

Description

<p>Having seen a spell of speculative fund short covering propel wheat futures prices to multi-week highs earlier this month, markets have subsequently eased lower again.</p><br><p>Questions remain over Russian wheat exports and the country’s 2025 wheat production potential. However, in the near positions there is a more than adequate supply and with good cover, buyers are back on the side lines. Russian weekly wheat shipments remain at about one million tonnes per week, but this week the country missed out in one international tender.&nbsp;</p><br><p>During 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:&nbsp;<a href="https://www.frontierag.co.uk/myfarminfo" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/myfarminfo</a></p><br><p>For other topical updates and advice from our experts, subscribe to our blog:&nbsp;<a href="https://www.frontierag.co.uk/blog/subscribe" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/blog/subscribe</a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>