Milling wheat premiums drop sharply

As the good quality new crop becomes available milling wheat premiums have dropped sharply, "Proteins are variable, but so far are better than last year, at about 13.1 percent," said Simon Ingle, head of central stores marketing at Openfield. "But Hagbergs are not awfully robust, at 270-280, and I don't know if the crop is going to be very resilient to weathering if the weather does turn poor as is forecast."group one premiums have narrowed from an average cost of UK£22 ( US$ 36 ) a ton to just over UK£15 ( US$24.54 ) a ton. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers