Source: James Butt-Evans, KW trader
Uncertainty continues to affect UK feed markets as the US:China trade deal, Brexit and the impact of weather on crop estimates all exert an influence.
Source: James Butt-Evans, KW trader
Recent jumps in the price of soyabean-derived feeds highlighted ongoing price volatility and the value of forward contracts in helping manage risk.
Source: Chris Davidson, KW Senior Trader
Currency fluctuations and Brexit uncertainty continue to dominate UK feed pricing, whilst global feed markets focus on the weather in key growing regions.
Source: Chris Davidson, KW Senior Trader
Despite the impact of Brexit negotiations on exchange rates, current UK feed prices are looking very competitive compared to the summer and last winter.
Source: James Butt-Evans, KW trader
Brexit negotiations, the unresolved US:China trade war and emerging US crops are adding potential volatility to global feed markets despite prices easing.
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With firming UK feed prices and potential volatility ahead, the focus for many is on finalising summer feed buying as well as securing initial winter contracts.
Source: James Butt-Evans, KW trader
The global commodity feed markets continue to remain broadly confident that supply will meet demand despite delays to North American crop plantings.
Source: ,
Slowed progress with US plantings has caused global feed prices to lift, but it’s uncertainty around Brexit still poses the greater threat for UK feed buyers.
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Falling global soyabean prices and a stronger Sterling offers livestock farmers an opportunity to lock in cost savings on summer and winter feed proteins.
Source: James Butt-Evans, KW trader
Despite global feed market fundamentals remaining unchanged, a drop in domestic demand plus stronger Sterling have produced a significant shift for UK buyers.
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