Markets: Mixed picture – rations unchanged

This month the focus has shifted to feed wheat in driving prices upwards, while soya has eased back a little. UK feed wheat gained around £5.50 a tonne since the last issue, to £146.2/t at the end of March. This marks the highest point since August last year. Meanwhile, Soya fell back by £12/t to £158/t. UK market drivers Overall, the majority of UK market drivers in early April were of global origin, commented AHDB. Drought in Argentina has not improved the soya crop, but traders have sta