WHEAT prices have rallied slightly in the past week.
There was a 2.7pc lift in Chicago Board of Trade (CBOT) March 12 futures to just under US600 cents a bushel.
This price rise has been triggered by concerns about drought in both Russia and South America.
Corn values are also supportive of wheat prices, with reports of Mexico suffering one of its worst droughts on record.
Mexico is the world’s fourth largest corn producer.
Wheat futures in Europe have also rallied, to be at the highest levels since October.