Market disruption ahead of Brexit

A bumper UK grain crop, and fears that British exports could be cut off by a no-deal Brexit on October 31, will be new factors in setting grain prices this autumn.

Already, prices of both feed wheat and feed barley fell considerably in the UK during July. In the five weeks to July 25, the ex-farm feed wheat spot price fell by £11.20/t, to under £135 for the first time since September, 2017.