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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7594523" data-attributes="member: 142623"><p>Wednesday 02 June</p><ul> <li data-xf-list-type="ul">UK feed wheat futures (Nov-21) gained £5.00/t yesterday, to close at £179.00/t. The move higher echoed gains in wider grain markets, with support seen for Paris and Chicago wheat.</li> <li data-xf-list-type="ul">Estimates of Brazilian maize production have seen further cuts, over the past couple of days (read more below). Agrural, a Brazilian agribusiness consultancy, shaved 5Mt off its estimate of Safrinha production, pegging output for the second crop at 60Mt.</li> <li data-xf-list-type="ul">Weather concerns for Northern Hemisphere crop production have come to the fore again. With dryness in the US northern plains and Canadian prairies key watch points.</li> </ul><p>Today's Grain market daily is now published - <a href="https://ahdb.org.uk/news/prices-higher-despite-positive-us-maize-conditions-grain-market-daily" target="_blank">Prices higher despite positive US maize conditions</a></p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds-markets" target="_blank">Latest futures market prices available here</a></p><p></p><p><a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">Click here to receive AHDB market intelligence content straight to your inbox</a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 7594523, member: 142623"] Wednesday 02 June [LIST] [*]UK feed wheat futures (Nov-21) gained £5.00/t yesterday, to close at £179.00/t. The move higher echoed gains in wider grain markets, with support seen for Paris and Chicago wheat. [*]Estimates of Brazilian maize production have seen further cuts, over the past couple of days (read more below). Agrural, a Brazilian agribusiness consultancy, shaved 5Mt off its estimate of Safrinha production, pegging output for the second crop at 60Mt. [*]Weather concerns for Northern Hemisphere crop production have come to the fore again. With dryness in the US northern plains and Canadian prairies key watch points. [/LIST] Today's Grain market daily is now published - [URL='https://ahdb.org.uk/news/prices-higher-despite-positive-us-maize-conditions-grain-market-daily']Prices higher despite positive US maize conditions[/URL] [URL='https://ahdb.org.uk/cereals-oilseeds-markets']Latest futures market prices available here[/URL] [URL='https://ahdb.org.uk/keeping-in-touch']Click here to receive AHDB market intelligence content straight to your inbox[/URL] [/QUOTE]
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