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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7460143" data-attributes="member: 142623"><p>Thursday 11 March</p><ul> <li data-xf-list-type="ul">UK feed wheat futures had small losses yesterday with old crop (May-21) falling £0.55/t, to £205.00/t. New crop (Nov-21) futures closed down £0.35/t, at £170.75/t.</li> <li data-xf-list-type="ul">US wheat futures also weakened slightly yesterday with May-21 down $1.47/t, to $239.75/t. The Dec-21 contract closed down $1.75/t, at $238.56/t. The May-21 maize futures contract had its second consecutive day of loses, down a further $4.63/t to $210.23/t.</li> <li data-xf-list-type="ul">Dryness in Argentina throughout February and into March, has led to Rosario Grains Exchange cutting a further 4Mt off its soyabean production forecast, now at 45Mt. The lack of rains has impacted both area and yields.</li> <li data-xf-list-type="ul">FranceAgriMer have raised their monthly forecast of French soft wheat stocks by over 100Kt, to 2.7Mt. This is due to a cut in exports within the European Union.</li> </ul><p>Today's Grain Market Daily is now now published - <a href="https://ahdb.org.uk/news/analyst-insight-china-have-a-need-a-need-for-feed" target="_blank">https://ahdb.org.uk/news/analyst-insight-china-have-a-need-a-need-for-feed</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: 7460143, member: 142623"] Thursday 11 March [LIST] [*]UK feed wheat futures had small losses yesterday with old crop (May-21) falling £0.55/t, to £205.00/t. New crop (Nov-21) futures closed down £0.35/t, at £170.75/t. [*]US wheat futures also weakened slightly yesterday with May-21 down $1.47/t, to $239.75/t. The Dec-21 contract closed down $1.75/t, at $238.56/t. The May-21 maize futures contract had its second consecutive day of loses, down a further $4.63/t to $210.23/t. [*]Dryness in Argentina throughout February and into March, has led to Rosario Grains Exchange cutting a further 4Mt off its soyabean production forecast, now at 45Mt. The lack of rains has impacted both area and yields. [*]FranceAgriMer have raised their monthly forecast of French soft wheat stocks by over 100Kt, to 2.7Mt. This is due to a cut in exports within the European Union. [/LIST] Today's Grain Market Daily is now now published - [URL]https://ahdb.org.uk/news/analyst-insight-china-have-a-need-a-need-for-feed[/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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