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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8576002" data-attributes="member: 142623"><p>Friday 03 February 2023</p><ul> <li data-xf-list-type="ul">UK feed wheat futures (May-23) gained £2.05/t yesterday, ending the session at £233.75/t. New crop futures (Nov-23) closed at £227.50/t, a £1.60/t rise over the same period.</li> <li data-xf-list-type="ul">UK prices tracked upward US price movements yesterday on the back of technical buying, however reminders of strong export competition specifically from the Black Sea region capped any major gains.</li> <li data-xf-list-type="ul">Paris rapeseed futures (May-23) closed at €544.25/t yesterday, gaining €3.25/t over the session. New crop prices (Nov-23) rose €1.75/t over the same period, to close at €543.25/t.</li> <li data-xf-list-type="ul">Rapeseed markets continue to feel support from rising soyabean prices, as dry conditions in Argentina impact the country’s soyabean crop. Read more on this in <a href="https://ahdb.org.uk/news/short-term-bullish-news-supports-rapeseed-grain-market-daily" target="_blank">Tuesday’s GMD</a>.</li> </ul><p>Today's Grain Market Daily is now published -<a href="https://ahdb.org.uk/news/human-and-industrial-cereal-usage-round-up-grain-market-daily" target="_blank">Human and industrial cereal usage round-up</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: 8576002, member: 142623"] Friday 03 February 2023 [LIST] [*]UK feed wheat futures (May-23) gained £2.05/t yesterday, ending the session at £233.75/t. New crop futures (Nov-23) closed at £227.50/t, a £1.60/t rise over the same period. [*]UK prices tracked upward US price movements yesterday on the back of technical buying, however reminders of strong export competition specifically from the Black Sea region capped any major gains. [*]Paris rapeseed futures (May-23) closed at €544.25/t yesterday, gaining €3.25/t over the session. New crop prices (Nov-23) rose €1.75/t over the same period, to close at €543.25/t. [*]Rapeseed markets continue to feel support from rising soyabean prices, as dry conditions in Argentina impact the country’s soyabean crop. Read more on this in [URL='https://ahdb.org.uk/news/short-term-bullish-news-supports-rapeseed-grain-market-daily']Tuesday’s GMD[/URL]. [/LIST] Today's Grain Market Daily is now published -[URL='https://ahdb.org.uk/news/human-and-industrial-cereal-usage-round-up-grain-market-daily']Human and industrial cereal usage round-up[/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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