Ukrainian-Russian export agreement & drought impact on feed stocks

Will and Ben are joined by James Bolesworth, Managing Director at CRM Agricommodities and John Allen, Managing partner at Kite, to discuss the new UN backed trade agreement between Russia and Ukraine to restart grain and other exports across the Black Sea. With decent volumes of feed material now moving out of Ukraine, James and John discuss current and future buying opportunities presented by this. They also outline the impact of the UK and European drought conditions on both forage stocks and harvest, taking this into consideration for winter feed planning. This week, along with our usual market report, Chris reports on the inaugural GDT Pulse auction featuring whole milk powder alone, during the interim week of the main GDT auction.