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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8539358" data-attributes="member: 142623"><p>Friday 13 January 2023 </p><ul> <li data-xf-list-type="ul">UK feed wheat futures (May-23) closed at £233.50/t yesterday, down £0.60/t from Wednesday's close. The Nov-23 contract closed at £228.00/t, seeing no change in price over yesterday’s session.</li> <li data-xf-list-type="ul">UK prices followed continental wheat prices down, as cheap Russian exports and forecasts of a large Australian crop pressured grain prices ahead of the release of yesterday’s USDA World Agricultural Supply & Demand Estimate report.</li> <li data-xf-list-type="ul">Paris rapeseed (May-23) gained €3.25/t yesterday, ending the session at €574.75/t. The Nov-23 contract closed at €575.25/t, up €0.75/t over the same period.</li> <li data-xf-list-type="ul">Global oilseed markets were supported following a 12Mt cut in Argentina’s soyabean production estimate to 37Mt by the Rosario Grain Exchange due to the ongoing drought. Furthermore, yesterday the Buenos Aires Grain Exchange also revised Argentina’s production down to 41Mt from the 48Mt previously estimated, while the USDA have estimated the crop at 45.5Mt (read more below).</li> </ul><p>Today's Grain Market Daily is now published - <a href="https://ahdb.org.uk/news/unexpected-revisions-in-latest-usda-reports-grain-market-daily" target="_blank">Unexpected revisions in latest USDA reports</a></p><p></p><p>Latest futures market prices available here - <a href="https://ahdb.org.uk/cereals-oilseeds-markets" target="_blank">https://ahdb.org.uk/cereals-oilseeds-markets</a></p><p></p><p>Click here to receive AHDB market intelligence content straight to your inbox - <a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">https://ahdb.org.uk/keeping-in-touch</a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 8539358, member: 142623"] Friday 13 January 2023 [LIST] [*]UK feed wheat futures (May-23) closed at £233.50/t yesterday, down £0.60/t from Wednesday's close. The Nov-23 contract closed at £228.00/t, seeing no change in price over yesterday’s session. [*]UK prices followed continental wheat prices down, as cheap Russian exports and forecasts of a large Australian crop pressured grain prices ahead of the release of yesterday’s USDA World Agricultural Supply & Demand Estimate report. [*]Paris rapeseed (May-23) gained €3.25/t yesterday, ending the session at €574.75/t. The Nov-23 contract closed at €575.25/t, up €0.75/t over the same period. [*]Global oilseed markets were supported following a 12Mt cut in Argentina’s soyabean production estimate to 37Mt by the Rosario Grain Exchange due to the ongoing drought. Furthermore, yesterday the Buenos Aires Grain Exchange also revised Argentina’s production down to 41Mt from the 48Mt previously estimated, while the USDA have estimated the crop at 45.5Mt (read more below). [/LIST] Today's Grain Market Daily is now published - [URL='https://ahdb.org.uk/news/unexpected-revisions-in-latest-usda-reports-grain-market-daily']Unexpected revisions in latest USDA reports[/URL] Latest futures market prices available here - [URL]https://ahdb.org.uk/cereals-oilseeds-markets[/URL] Click here to receive AHDB market intelligence content straight to your inbox - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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