According to Charles De Roeper of BFL "Since Brexit, UK based commodities have gained an advantage over those from elsewhere, due to the fall in Sterling against both the US Dollar and the Euro.

It is likely that low Sterling levels will continue for some time, especially against the UD Dollar, making our Wheat more attractive against other world grain prices. On the other hand this may have the opposite effect on fuel and fertilizer prices".  

LIFFE wheat closed at £132/t.  If you would like to understand more about trading futures request a callback from BFL