Organic grain markets have been fairly quiet whilst continued spot wholesale buying interest is difficult to find. Feed markets were busier in mid October as any 2020 top up requirements were completed, and we also saw some good interest into the first half of next year. A mild autumn thus far has kept further demand in check. Buyers and sellers alike are still unsure of any material changes to existing import/export regulations in the absence of a Brexit deal while talks continue, and this looks to keep us guessing into December. Importers will be stockpiling pre year end to avoid any adverse tariff amendments.
Wheat premiums remain disappointing, but barley and bean prices look attractive and should in our opinion be considered. Sentiment is however improving after the harvest price period lows.
Good quality oat and milling wheats are in demand, although buyers are cherry picking the better samples – quite a number are being discarded due to weathering, or low protein – please therefore send in samples to your buyer if you have not already done so.
