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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7514128" data-attributes="member: 142623"><p>Tuesday 13 April</p><ul> <li data-xf-list-type="ul">The UK May-21 feed wheat futures gained £0.65/t from Friday, to close at £196.65/t yesterday. But, the Nov-21 contract declined by £0.55/t, to close at £166.95/t yesterday.</li> <li data-xf-list-type="ul">Customs data for China highlights the huge level of demand from the country. Imports of soyabeans were up 82% year-on-year in March, bolstered by strong purchases and late arrivals of vessels booked for January and February. Total Chinese Q1 (Jan-Mar 2021) maize imports were 6.73Mt, up more than fivefold on last year.</li> <li data-xf-list-type="ul">The Russian agricultural consultancy firm IKAR increased its forecast for Russian wheat production in 2021 to 81Mt, from 79.8Mt. The increase is a result of a period of favourable weather across the Black Sea region.</li> </ul><p>Today's Grain Market Daily is now now published - <a href="https://ahdb.org.uk/news/us-planting-off-to-a-strong-start-amid-developing-dryness-grain-market-daily" target="_blank">US planting off to a strong start amid developing dryness</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: 7514128, member: 142623"] Tuesday 13 April [LIST] [*]The UK May-21 feed wheat futures gained £0.65/t from Friday, to close at £196.65/t yesterday. But, the Nov-21 contract declined by £0.55/t, to close at £166.95/t yesterday. [*]Customs data for China highlights the huge level of demand from the country. Imports of soyabeans were up 82% year-on-year in March, bolstered by strong purchases and late arrivals of vessels booked for January and February. Total Chinese Q1 (Jan-Mar 2021) maize imports were 6.73Mt, up more than fivefold on last year. [*]The Russian agricultural consultancy firm IKAR increased its forecast for Russian wheat production in 2021 to 81Mt, from 79.8Mt. The increase is a result of a period of favourable weather across the Black Sea region. [/LIST] Today's Grain Market Daily is now now published - [URL='https://ahdb.org.uk/news/us-planting-off-to-a-strong-start-amid-developing-dryness-grain-market-daily']US planting off to a strong start amid developing dryness[/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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