The market price of all grades of wheat, including bread wheat, fluctuates depending on quality, supply and demand, stock levels, exchange rates and transport costs. Market prices in the UK are often affected by developments elsewhere in the European Union and overseas. During the past six years world markets have experienced great volatility and this is likely to continue for the foreseeable future.
The HGCA provide prices and supply and demand information on their website. They update this information, which is compiled from a number of sources, every hour. They also provide free services to levy payers, including a weekly market report, Knowledge Centre, Market Data Services and e-Newsletters. The International Grains Council (IGC) provides the latest weekly export prices on their website. More detailed price information can be found at the following sites: Chicago Board of Trade and LIFFE (requires free registration).