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AHDB daily market commentary
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8563275" data-attributes="member: 142623"><p>Friday 27 January 2023</p><ul> <li data-xf-list-type="ul">UK feed wheat futures (May-23) closed yesterday at £231.15/t, gaining £5.15/t on Wednesday’s close. New crop futures (Nov-23) closed at £225.05/t, gaining £3.15/t over the same period.</li> <li data-xf-list-type="ul">Our domestic wheat market followed both Chicago and Paris up yesterday. Chicago wheat futures were supported by signs of rising demand following the latest USDA export sales figures, and concerns about reduced production out of the Black Sea region.</li> <li data-xf-list-type="ul">The Ukraine Grain Association project that Ukraine’s 2023 wheat crop will not exceed 16Mt, as plantings reduce due to the on-going conflict.</li> <li data-xf-list-type="ul">Paris rapeseed futures (May-23) closed yesterday at €544.50/t, gaining €15.25/t on Wednesday’s close. Support filtered from both crude oil and Chicago soyabeans, which were up from strong U.S. export data.</li> </ul><p>Today's Grain Market Daily is now published -<a href="https://ahdb.org.uk/news/strong-demand-for-soyabeans-what-does-that-mean-for-rapeseed-grain-market-daily" target="_blank"> Strong demand for soyabeans, what does that mean for rapeseed?</a></p><p></p><p>Latest futures market prices available here - <a href="https://ahdb.org.uk/cereals-oilseeds-markets" target="_blank">https://ahdb.org.uk/cereals-oilseeds-markets</a></p><p></p><p>Click here to receive AHDB market intelligence content straight to your inbox - <a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">https://ahdb.org.uk/keeping-in-touch</a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 8563275, member: 142623"] Friday 27 January 2023 [LIST] [*]UK feed wheat futures (May-23) closed yesterday at £231.15/t, gaining £5.15/t on Wednesday’s close. New crop futures (Nov-23) closed at £225.05/t, gaining £3.15/t over the same period. [*]Our domestic wheat market followed both Chicago and Paris up yesterday. Chicago wheat futures were supported by signs of rising demand following the latest USDA export sales figures, and concerns about reduced production out of the Black Sea region. [*]The Ukraine Grain Association project that Ukraine’s 2023 wheat crop will not exceed 16Mt, as plantings reduce due to the on-going conflict. [*]Paris rapeseed futures (May-23) closed yesterday at €544.50/t, gaining €15.25/t on Wednesday’s close. Support filtered from both crude oil and Chicago soyabeans, which were up from strong U.S. export data. [/LIST] Today's Grain Market Daily is now published -[URL='https://ahdb.org.uk/news/strong-demand-for-soyabeans-what-does-that-mean-for-rapeseed-grain-market-daily'] Strong demand for soyabeans, what does that mean for rapeseed?[/URL] Latest futures market prices available here - [URL]https://ahdb.org.uk/cereals-oilseeds-markets[/URL] Click here to receive AHDB market intelligence content straight to your inbox - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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