Tuesday, 15 October 2013
London Wheat Higher, Supported By Defra Production Estimate
Posted on 07:37 by Unknown
15/10/13 -- EU grains were mixed but mostly firmer, with Nov 13 London wheat up GBP0.85/tonne at GBP163.35/tonne and Nov 13 Paris wheat EUR0.75/tonne higher at EUR199.50/tonne. Support for London wheat came from yesterday's estimate from Defra that the 2013 UK wheat crop was only 12.1 MMT. Many in the trade had been working on a figure closer to 12.5 MMT.
"A significant decline in planted area
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