Newsflash Live From The Floor

Posted by Nogger - a legend in his own mind at 12:14 | Categorized as

14/04/11 -- With May London wheat currently residing GBP0.50/tonne higher at GBP210.50/tonne (equivalent of EUR238.50) and May Paris wheat EUR5.00/tonne lower at EUR235.25/tonne, we have a crazy situation where London feed wheat is now dearer than Paris milling wheat!

With Nov London wheat currently down GBP2.90/tonne to GBP164.00/tonne we now have a May/Nov spread of GBP46.50/tonne. That's widened considerably from exactly a month ago today when that differential was "only" GBP31.00/tonne.