StockMarketWire.com - Agricultural retailer Wynnstay said trading in the first four months of the new financial year had been 'encouraging', with demand increasing for most of its products.

The increase reflected an improvement in output prices and farmer sentiment, particularly dairy farmers, after two years of depressed pricing, the company said.

'In the agricultural division, current feed demand is above last year's levels and we are seeing efficiency benefits from our investment at our Llansantffraid feed mill,' chief executive Ken Greetham said in speech notes for the company's annual general meeting.

'There are still important seasonal trading months ahead, but we are encouraged by the group's performance in the new financial year so far.'


At 8:16am: [LON:WYN] Wynnstay Group PLC share price was +10p at 415p



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