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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7491592" data-attributes="member: 142623"><p><strong><u>Monday 29 March</u></strong></p><p><strong><u>[ATTACH=full]950887[/ATTACH]</u></strong></p><p><strong><u></u></strong></p><p><strong><u>UK grain markets</u></strong></p><p>Last week, global wheat markets continued their drop off from the week previous. Domestic prices were unable to prevent drops reaching our markets, with the May-21 contract down £1.75/t to £195.75/t. The May-22 contract dropped £2.75/t to £168.45/t. The USDA reports could provide a technical rebound as May-21 approaches the £190/t mark. However, they could also speed up the downward trend if increased wheat stocks appear in the report.</p><p></p><p>UK delivered cereal prices felt the wheat market pressure too. Feed wheat into East Anglia fell £4.00/t to £198.50/t for May delivery. Harvest delivered prices fell £2.00/t to be at £160.00/t for East Anglia.</p><p></p><p>[ATTACH=full]950890[/ATTACH]</p><p></p><p>Read the full AHDB Cereals and Oilseeds weekly market report here - <a href="https://ahdb.org.uk/news/market-report-29-march-2021" target="_blank">https://ahdb.org.uk/news/market-report-29-march-2021</a></p><p>Last week's AHDB Cereals and Oilseeds weekly market report is available here - <a href="https://ahdb.org.uk/news/market-report-22-march-2021" target="_blank">https://ahdb.org.uk/news/market-report-22-march-2021</a></p><p>Subscribe to receive Market Report direct into your e-mail inbox here -</p><p><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: 7491592, member: 142623"] [B][U]Monday 29 March [ATTACH type="full"]950887[/ATTACH] UK grain markets[/U][/B] Last week, global wheat markets continued their drop off from the week previous. Domestic prices were unable to prevent drops reaching our markets, with the May-21 contract down £1.75/t to £195.75/t. The May-22 contract dropped £2.75/t to £168.45/t. The USDA reports could provide a technical rebound as May-21 approaches the £190/t mark. However, they could also speed up the downward trend if increased wheat stocks appear in the report. UK delivered cereal prices felt the wheat market pressure too. Feed wheat into East Anglia fell £4.00/t to £198.50/t for May delivery. Harvest delivered prices fell £2.00/t to be at £160.00/t for East Anglia. [ATTACH type="full"]950890[/ATTACH] Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/market-report-29-march-2021[/URL] Last week's AHDB Cereals and Oilseeds weekly market report is available here - [URL]https://ahdb.org.uk/news/market-report-22-march-2021[/URL] Subscribe to receive Market Report direct into your e-mail inbox here - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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