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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7614222" data-attributes="member: 142623"><p>Wednesday 16 June</p><ul> <li data-xf-list-type="ul">UK new-crop feed wheat futures continued their decline and fell £2.45/t to £170.70/t yesterday. The drop was echoed in May-22 futures which dropped £2.05 to £176.05/t.</li> <li data-xf-list-type="ul">Germany’s wheat crop next season is forecast to rise 3.8% to 22.98Mt, owing to beneficial weather of late. The German winter rapeseed crop is forecast up 4.6% to 3.67Mt. Both forecasts are from the German Association of Farm Co-operatives.</li> <li data-xf-list-type="ul">China’s pig producers have been urged to maintain production levels despite prices falling below cost of production levels. Live hog prices in China have dropped 60% since the start of the year. Should prices keep falling, farmers could cut herd sizes with a potential impact on feed demand. (Refinitiv)</li> </ul><p>Today's Grain market daily is now published - <a href="https://ahdb.org.uk/news/ukrainian-maize-situation-for-uk-feed-markets-next-season-grain-market-daily" target="_blank">Ukrainian maize situation for UK feed markets next season</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: 7614222, member: 142623"] Wednesday 16 June [LIST] [*]UK new-crop feed wheat futures continued their decline and fell £2.45/t to £170.70/t yesterday. The drop was echoed in May-22 futures which dropped £2.05 to £176.05/t. [*]Germany’s wheat crop next season is forecast to rise 3.8% to 22.98Mt, owing to beneficial weather of late. The German winter rapeseed crop is forecast up 4.6% to 3.67Mt. Both forecasts are from the German Association of Farm Co-operatives. [*]China’s pig producers have been urged to maintain production levels despite prices falling below cost of production levels. Live hog prices in China have dropped 60% since the start of the year. Should prices keep falling, farmers could cut herd sizes with a potential impact on feed demand. (Refinitiv) [/LIST] Today's Grain market daily is now published - [URL='https://ahdb.org.uk/news/ukrainian-maize-situation-for-uk-feed-markets-next-season-grain-market-daily']Ukrainian maize situation for UK feed markets next season[/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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