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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7503573" data-attributes="member: 142623"><p>Tuesday 6 April</p><p>[ATTACH=full]952709[/ATTACH]</p><p><strong><u>UK grain markets</u></strong></p><p>It was a short week of trading for UK markets last week, with Friday a Bank Holiday. In the run up to Wednesday’s USDA reports new crop (Nov-21) feed wheat futures moved lower. The bullish USDA reports saw Nov-21 feed wheat futures move up £3.25/t, on Wednesday. We saw a further downward move on Thursday, with new crop wheat closing at £163.25/t, down £0.75/t Thursday-Thursday.</p><p></p><p>UK physical trade remained thin. This, combined with the volatility in futures caused by Wednesday’s reports, made pricing UK grain challenging last week. UK delivered values were largely flat or down, with some reductions to new crop delivered premiums.</p><p></p><p>[ATTACH=full]952710[/ATTACH]</p><p>Read the full AHDB Cereals and Oilseeds weekly market report here - <a href="https://ahdb.org.uk/news/market-report-06-april-2021" target="_blank">https://ahdb.org.uk/news/market-report-06-april-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: 7503573, member: 142623"] Tuesday 6 April [ATTACH type="full"]952709[/ATTACH] [B][U]UK grain markets[/U][/B] It was a short week of trading for UK markets last week, with Friday a Bank Holiday. In the run up to Wednesday’s USDA reports new crop (Nov-21) feed wheat futures moved lower. The bullish USDA reports saw Nov-21 feed wheat futures move up £3.25/t, on Wednesday. We saw a further downward move on Thursday, with new crop wheat closing at £163.25/t, down £0.75/t Thursday-Thursday. UK physical trade remained thin. This, combined with the volatility in futures caused by Wednesday’s reports, made pricing UK grain challenging last week. UK delivered values were largely flat or down, with some reductions to new crop delivered premiums. [ATTACH type="full"]952710[/ATTACH] Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/market-report-06-april-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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