
Frontrunner 10th November 2023
Observateur
Description
<p>This week has brought more volatility across the US and European wheat markets.</p><br><p>On 3rd November, London International LIFFE (Financial Futures and Options Exchange) closed at £200.50/t. Since then, London futures traded in a £7.05/t range between £205.00/t and £197.95/t before closing last night at £201.05/t.</p><br><p>MATIF (Marché à Terme International de France) followed a similar pattern, closing at €240.00/t on 3rd November. Futures traded in a €8.25/t range between €245.00/t and €236.75/t before closing at €239.75/t last night.</p><br><p>Across the Atlantic, Chicago Board of Trade (CBOT) closed at $6.164 per bushel on 3rd November. It then traded in a $0.29 range between $6.082 and $6.372 before closing out last night at $6.220.</p><br><p>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: <a href="https://www.frontierag.co.uk/myfarminfo" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/myfarminfo</a></p><br><p>For other topical updates and advice from our experts, subscribe to our blog: <a href="https://www.frontierag.co.uk/blog/subscribe" rel="noopener noreferrer" target="_blank">www.frontierag.co.uk/blog/subscribe</a></p><br><p>Follow Frontier Agriculture on Twitter at <a href="https://open.acast.com/shows/5f157646d2d4a32aae53b3f6/episodes/www.twitter.com/FrontierAg" rel="noopener noreferrer" target="_blank">www.twitter.com/FrontierA</a>g</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
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Frontrunner 10th November 2023
Observateur