Liffe Feed Wheat (London, UK) Prices
- Wheat consumption higher than wheat production
- Reduced harvest expectations Europe and Russia
- Disease infestation maize harvest Argentina
- Delays in US maize sowing
- Export competition from Russia
- Currently weak international demand
- Economic concerns China
Specification
TheticksizeforLIFFE feed wheatis₤0.05per ton(totalcontract: ₤5.00). Thedelivery monthsare January, March, May, July, November, etc.sothat there is always10contracts are traded. The lasttrading day isthe23rd day ofthe delivery monthat 12:30. (Ifnot a trading dayshall be thesubsequenttrading dayin theJuly contract. Seventhcalendar day) Thestandard quality specifications are asfollows: Specific weight at least 72.5 kg / hl, a maximum of 3% heat loss, moisture content up to 15%, sprouted up: 6%, other impurities max: 2%. Mycotixine not exceed the maximum amount of EU legislation provisions for unprocessed cereal products intended for use as food. LIFFE (London International Financial Futures and Options Exchange) is a futures exchange based in London. LIFFE is now part of NYSE Euro Next after the acquisition of Euro Next in 2002 and the acquisition of Euro Next by the NYSE (New York Stock Exchange) in 2007.