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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8585243" data-attributes="member: 142623"><p>Thursday 09 February 2023</p><ul> <li data-xf-list-type="ul">Old crop UK feed wheat futures prices (May-23) closed yesterday at £240.20/t, up £0.70/t from Tuesday's close. New crop futures (Nov-23) closed at £232.95/t, gaining £0.70/t over the same period.</li> <li data-xf-list-type="ul">UK feed wheat futures continue to follow upward movements to Paris milling wheat futures, as strong demand continues for EU origin wheat.</li> <li data-xf-list-type="ul">Paris rapeseed futures (May-23) closed at €554.25/t yesterday, up €0.75/t from Tuesday's close.</li> <li data-xf-list-type="ul">The USDA's WASDE release yesterday included large cuts to Argentina's corn and soybean harvests, coming in lower than initial trade estimates (read more on this below). Argentina is set to experience more heat and dryness over the next two weeks which has led to Chicago soybean futures swinging between losses and gains in Asian trading this morning, with US wheat and corn markets also subdued since the USDA publication (Refinitiv).</li> </ul><p>Today's Grain Market Daily is now published -<a href="https://ahdb.org.uk/news/south-american-focus-in-latest-wasde-revisions-grain-market-daily" target="_blank"> South American focus in latest WASDE revisions</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: 8585243, member: 142623"] Thursday 09 February 2023 [LIST] [*]Old crop UK feed wheat futures prices (May-23) closed yesterday at £240.20/t, up £0.70/t from Tuesday's close. New crop futures (Nov-23) closed at £232.95/t, gaining £0.70/t over the same period. [*]UK feed wheat futures continue to follow upward movements to Paris milling wheat futures, as strong demand continues for EU origin wheat. [*]Paris rapeseed futures (May-23) closed at €554.25/t yesterday, up €0.75/t from Tuesday's close. [*]The USDA's WASDE release yesterday included large cuts to Argentina's corn and soybean harvests, coming in lower than initial trade estimates (read more on this below). Argentina is set to experience more heat and dryness over the next two weeks which has led to Chicago soybean futures swinging between losses and gains in Asian trading this morning, with US wheat and corn markets also subdued since the USDA publication (Refinitiv). [/LIST] Today's Grain Market Daily is now published -[URL='https://ahdb.org.uk/news/south-american-focus-in-latest-wasde-revisions-grain-market-daily'] South American focus in latest WASDE revisions[/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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