date:Jul 23, 2014
Monday the spread between animal-feed wheat and milling wheat was at an unusually wide level of around 30 euros a tonne, close to levels seen during the poor quality harvest of 2007, brokers said. Cash premiums for milling wheat against benchmark Paris wheat futures were between zero and 8 euros a tonne, a rise of up to 4 euros from Friday, brokers said.
The market is becoming more and more complicated with such a mixed bag of quality, one French broker said. It's a race to find milling wheat