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Wheat market volatility continued again this week, with London wheat futures falling £12/t below last week's highs. The extended Ukraine Black Sea export deal with Russia, coupled with the record Russian wheat crop and cheap export values, continues to pressure prices. However, support comes from robust demand for EU wheat.
You can also listen to the Frontrunner podcast - press play to hear the latest report. The report this week is read by farm trader, Sophie Whiteman.