November wheat futures have risen, with the quoted price above £160/t, meanwhile malting barley is at around £180/t.
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Arable farmers are in upbeat mood as a firm feed barley market is sitting at £145-150/t, with some sales hitting £165/t.
Potential shortage and strong demand is underpinning the market, as merchants look to fill orders.
November wheat futures have risen, with the quoted price above £160/t, meanwhile malting barley is at around £180/t.
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“After a hard winter and wet spring, crops look to have recovered across Scotland,” said Ian Sands, chair of the NFUS combinable crops committee. “However the next month will be critical to yield and quality. We are getting the Brexit bounce, but come harvest we don’t know the exact price – but it looks decent if the quality is there. I am positive about the arable sector, weather permitting obviously.”
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Arable farmers are in upbeat mood as a firm feed barley market is sitting at £145-150/t, with some sales hitting £165/t.
Potential shortage and strong demand is underpinning the market, as merchants look to fill orders.
November wheat futures have risen, with the quoted price above £160/t, meanwhile malting barley is at around £180/t.
“After a hard winter and wet spring, crops look to have recovered across Scotland,” said Ian Sands, chair of the NFUS combinable crops committee. “However the next month will be critical to yield and quality. We are getting the Brexit bounce, but come harvest we don’t know the exact price – but it looks decent if the quality is there. I am positive about the arable sector, weather permitting obviously.”
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