Global Grain Markets Under Pressure Amid Geopolitical Tensions

UK feed wheat futures prices fell below their 20-day moving average and dropped to £205.75 per tonne, down £4.00 from last week's price.

This decline in price is attributed to pressure from the global grain market, which has been influenced by a changing geopolitical landscape.

The Relative Strength Index (RSI) has slipped to 40, indicating weakened momentum but not oversold conditions.

Global wheat prices remain under pressure due to diplomatic efforts to ease disruptions to Black Sea exports.