World wheat futures markets enjoyed a short-lived price spike at the end of last week. Early on Monday, follow-through buying took Paris futures to their highest since 7th February and 22 euros above the contract low seen earlier this month. Prices rallied following the news that the largest private Russian grain exporter was in dispute with Russian authorities and was not being issued with the appropriate documentation to allow vessels loaded with grain to sail to their end destinations.
During current intense volatility, markets can move significantly - sometimes in a matter of minutes and outside regular hours. Our MyFarm platform is free to Frontier customers and offers 24-7 access to market information and live grain prices, as well as the option to sell grain at a time that's more convenient. Find out more: www.frontierag.co.uk/myfarminfo
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