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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7624163" data-attributes="member: 142623"><p>Wednesday 23 June</p><ul> <li data-xf-list-type="ul">UK feed wheat futures (Nov-21) lost ground again yesterday, closing at £171.30/t, a fall of £0.70/t.</li> <li data-xf-list-type="ul">After a significant bounce higher on Friday, Chicago maize futures (Dec-21) fell for the last two days. Yesterday, the Dec-21 maize contract closed below the 50% retracement line between the 30 March low and 7 May peak.</li> <li data-xf-list-type="ul">After their recent declines, Nov-21 rapeseed futures have now made three consecutive days of gains, closing yesterday at €490.25/t, a rise of €19.25/t from last Thursday’s low. So far this morning, the Nov-21 contract has gapped higher, reaching €496.50/t as at midday.</li> </ul><p>Today's Grain market daily is now published - <a href="https://ahdb.org.uk/news/funds-continue-to-trim-positions-grain-market-daily" target="_blank">Funds continue to trim positions</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: 7624163, member: 142623"] Wednesday 23 June [LIST] [*]UK feed wheat futures (Nov-21) lost ground again yesterday, closing at £171.30/t, a fall of £0.70/t. [*]After a significant bounce higher on Friday, Chicago maize futures (Dec-21) fell for the last two days. Yesterday, the Dec-21 maize contract closed below the 50% retracement line between the 30 March low and 7 May peak. [*]After their recent declines, Nov-21 rapeseed futures have now made three consecutive days of gains, closing yesterday at €490.25/t, a rise of €19.25/t from last Thursday’s low. So far this morning, the Nov-21 contract has gapped higher, reaching €496.50/t as at midday. [/LIST] Today's Grain market daily is now published - [URL='https://ahdb.org.uk/news/funds-continue-to-trim-positions-grain-market-daily']Funds continue to trim positions[/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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