Last week's wheat price gains were quickly lost this week as the weight of old crop stocks, demand concerns and improving 2023 production prospects motivated selling interest. Despite uncertainty surrounding the renewal of the Black Sea export corridor deal and increased hostility from Russia towards Ukraine, eastern EU states are heavy with previously imported Ukrainian supplies.
You can also listen to the Frontrunner podcast - press play to hear the latest report. This week's report is read by farm trader, Lucinda Redgate.