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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7605340" data-attributes="member: 142623"><p>Thursday 10 June</p><ul> <li data-xf-list-type="ul">The November-21 UK feed wheat futures contract lost £2.50/t yesterday, to close at £176.95/t. Since the start of June, the contract looks to be trading within the channel between £176.00/t and £180.00/t. Similarly, the May-22 contract lost £2.50/t yesterday, to close at £181.60/t.</li> <li data-xf-list-type="ul">French analytical firm FranceAgriMer increased forecasts for French 2020/21 ending stocks for wheat and barley, both increased by 100Kt to 2.7Mt and 1.1Mt respectively. This is a result of lessened animal feed manufacturing demand and increased availability.</li> <li data-xf-list-type="ul">For vegetable oil markets, Malaysian Palm oil futures have dropped 2.3% since Tuesday following expectations of poor June export data. Demand for Palm oil has reduced as a result of the coronavirus pandemic heavily affecting India, the main Palm oil importer.</li> </ul><p>Today's Grain market daily is now published - <a href="https://ahdb.org.uk/news/breakeven-yields-an-alternative-way-to-view-profit-margins-analyst-insight" target="_blank">Breakeven yields; an alternative way to view profit margins</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: 7605340, member: 142623"] Thursday 10 June [LIST] [*]The November-21 UK feed wheat futures contract lost £2.50/t yesterday, to close at £176.95/t. Since the start of June, the contract looks to be trading within the channel between £176.00/t and £180.00/t. Similarly, the May-22 contract lost £2.50/t yesterday, to close at £181.60/t. [*]French analytical firm FranceAgriMer increased forecasts for French 2020/21 ending stocks for wheat and barley, both increased by 100Kt to 2.7Mt and 1.1Mt respectively. This is a result of lessened animal feed manufacturing demand and increased availability. [*]For vegetable oil markets, Malaysian Palm oil futures have dropped 2.3% since Tuesday following expectations of poor June export data. Demand for Palm oil has reduced as a result of the coronavirus pandemic heavily affecting India, the main Palm oil importer. [/LIST] Today's Grain market daily is now published - [URL='https://ahdb.org.uk/news/breakeven-yields-an-alternative-way-to-view-profit-margins-analyst-insight']Breakeven yields; an alternative way to view profit margins[/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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