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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7430504" data-attributes="member: 142623"><p>Tuesday - 23 February 2021</p><ul> <li data-xf-list-type="ul">Old crop (May-21) UK wheat futures closed yesterday at £206.00/t, increasing by £0.50/t on Friday’s close. New crop (Nov-21) closed unchanged at £169.75/t.</li> <li data-xf-list-type="ul">Cold weather throughout January and February in Europe caused limited damage, the EU’s crop monitoring service (MARS) announced yesterday. This was due to sufficient snow cover in the areas that were most affected.</li> <li data-xf-list-type="ul">Brazil’s 2020/21 soyabean harvest advanced to 15% of the planted area by 18 February. This is down from 31% this time last year, and the slowest pace in 10 years, according to AgRural.</li> <li data-xf-list-type="ul">Chicago soyabean futures (May-21) found support because of this harvest delay, closing $509.77/t. This is up $2.76/t on Friday’s close.</li> </ul><p>Today's Grain Market Daily is now now published - <a href="https://ahdb.org.uk/news/market-conditions-and-weather-can-change-us-cropping-intentions-grain-market-daily" target="_blank">https://ahdb.org.uk/news/market-conditions-and-weather-can-change-us-cropping-intentions-grain-market-daily</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: 7430504, member: 142623"] Tuesday - 23 February 2021 [LIST] [*]Old crop (May-21) UK wheat futures closed yesterday at £206.00/t, increasing by £0.50/t on Friday’s close. New crop (Nov-21) closed unchanged at £169.75/t. [*]Cold weather throughout January and February in Europe caused limited damage, the EU’s crop monitoring service (MARS) announced yesterday. This was due to sufficient snow cover in the areas that were most affected. [*]Brazil’s 2020/21 soyabean harvest advanced to 15% of the planted area by 18 February. This is down from 31% this time last year, and the slowest pace in 10 years, according to AgRural. [*]Chicago soyabean futures (May-21) found support because of this harvest delay, closing $509.77/t. This is up $2.76/t on Friday’s close. [/LIST] Today's Grain Market Daily is now now published - [URL]https://ahdb.org.uk/news/market-conditions-and-weather-can-change-us-cropping-intentions-grain-market-daily[/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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