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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7840005" data-attributes="member: 142623"><p>Friday 12 November 2021</p><ul> <li data-xf-list-type="ul">UK wheat futures (May-22) closed yesterday at £228.90/t, gaining £3.90/t on Wednesday’s close. New crop futures (Nov-22) closed yesterday at £200.50/t, gaining £2.50/t on the day before. This set a contract high and broke £200.00/t for the first time.</li> <li data-xf-list-type="ul">Domestic prices are following the global market trend. Paris wheat futures (May-22) gained 0.88% yesterday, to close at a contract high of €287.75/t.</li> <li data-xf-list-type="ul">Adding support at the moment, is Russia’s plan to impose more export restrictions. This includes increasing their export taxes if international prices continue to rise, and talks of an export quota for the first half of 2022.</li> </ul><h3><a href="https://ahdb.org.uk/news/uk-trade-data-wheat-import-reduction-likely-to-continue-grain-market-daily" target="_blank">UK trade data; wheat import reduction likely to continue: Grain market daily</a></h3><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: 7840005, member: 142623"] Friday 12 November 2021 [LIST] [*]UK wheat futures (May-22) closed yesterday at £228.90/t, gaining £3.90/t on Wednesday’s close. New crop futures (Nov-22) closed yesterday at £200.50/t, gaining £2.50/t on the day before. This set a contract high and broke £200.00/t for the first time. [*]Domestic prices are following the global market trend. Paris wheat futures (May-22) gained 0.88% yesterday, to close at a contract high of €287.75/t. [*]Adding support at the moment, is Russia’s plan to impose more export restrictions. This includes increasing their export taxes if international prices continue to rise, and talks of an export quota for the first half of 2022. [/LIST] [HEADING=2][URL='https://ahdb.org.uk/news/uk-trade-data-wheat-import-reduction-likely-to-continue-grain-market-daily']UK trade data; wheat import reduction likely to continue: Grain market daily[/URL][/HEADING] [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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