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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7445204" data-attributes="member: 142623"><p>Wednesday - 03 March 2021</p><ul> <li data-xf-list-type="ul">UK feed wheat values (Nov-21) continued to move up yesterday, closing at £171.95/t. Old crop, May-21 feed wheat futures, gained £0.55/t, to close at £207.45/t.</li> <li data-xf-list-type="ul">New crop UK feed wheat futures are now at just a £1.98/t discount to new crop (Dec-21) Paris milling wheat futures, a further signal of the UK moving towards import parity for new crop pricing. <a href="https://ahdb.org.uk/news/new-crop-wheat-pricing-to-limit-exports-grain-market-daily" target="_blank">Helen discussed the historic trends in this relationship last week</a>.</li> <li data-xf-list-type="ul">Global grain markets moved higher yesterday, alongside delays to Safrinha maize crops in Brazil, markets are still awaiting confirmation of damage to wheat crops following the cold weather in North America.</li> </ul><p>Today's Grain Market Daily is now now published - <a href="https://ahdb.org.uk/news/where-is-the-ceiling-for-new-crop-wheat-prices-grain-market-daily" target="_blank">https://ahdb.org.uk/news/where-is-the-ceiling-for-new-crop-wheat-prices-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: 7445204, member: 142623"] Wednesday - 03 March 2021 [LIST] [*]UK feed wheat values (Nov-21) continued to move up yesterday, closing at £171.95/t. Old crop, May-21 feed wheat futures, gained £0.55/t, to close at £207.45/t. [*]New crop UK feed wheat futures are now at just a £1.98/t discount to new crop (Dec-21) Paris milling wheat futures, a further signal of the UK moving towards import parity for new crop pricing. [URL='https://ahdb.org.uk/news/new-crop-wheat-pricing-to-limit-exports-grain-market-daily']Helen discussed the historic trends in this relationship last week[/URL]. [*]Global grain markets moved higher yesterday, alongside delays to Safrinha maize crops in Brazil, markets are still awaiting confirmation of damage to wheat crops following the cold weather in North America. [/LIST] Today's Grain Market Daily is now now published - [URL]https://ahdb.org.uk/news/where-is-the-ceiling-for-new-crop-wheat-prices-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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