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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7627541" data-attributes="member: 142623"><p>Friday 25 June</p><ul> <li data-xf-list-type="ul">Global grain and oilseed prices mostly moved lower yesterday, due to rain in the US and selling by speculative traders in the Chicago markets. The rain is likely to help US crops ahead of critical growth stages in July for maize and late-July/August for soyabeans.</li> <li data-xf-list-type="ul">UK feed wheat futures for Nov-21 fell £2.25/t to £169.20/t, while the Nov-22 contract fell £1.85 to 164.70/t.</li> <li data-xf-list-type="ul">Winter barley harvesting is underway in France and Russia. As these crops will soon be secured, we may start to see some risk premium come out from prices. This is if the results are as expected and/or crop estimates are not reduced.</li> <li data-xf-list-type="ul">Paris rapeseed futures for Nov-21 fell €0.50/t to €501.75/t yesterday.</li> </ul><p>Today's Grain market daily is now published - <a href="https://ahdb.org.uk/news/igc-predicts-first-global-grain-surplus-since-2016-17-grain-market-daily" target="_blank">IGC predicts first global grain surplus since 2016/17</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: 7627541, member: 142623"] Friday 25 June [LIST] [*]Global grain and oilseed prices mostly moved lower yesterday, due to rain in the US and selling by speculative traders in the Chicago markets. The rain is likely to help US crops ahead of critical growth stages in July for maize and late-July/August for soyabeans. [*]UK feed wheat futures for Nov-21 fell £2.25/t to £169.20/t, while the Nov-22 contract fell £1.85 to 164.70/t. [*]Winter barley harvesting is underway in France and Russia. As these crops will soon be secured, we may start to see some risk premium come out from prices. This is if the results are as expected and/or crop estimates are not reduced. [*]Paris rapeseed futures for Nov-21 fell €0.50/t to €501.75/t yesterday. [/LIST] Today's Grain market daily is now published - [URL='https://ahdb.org.uk/news/igc-predicts-first-global-grain-surplus-since-2016-17-grain-market-daily']IGC predicts first global grain surplus since 2016/17[/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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