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Arable Farming
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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7534780" data-attributes="member: 142623"><p><strong><u>Monday 26 April</u></strong></p><p><strong><u></u></strong></p><p><strong><u>[ATTACH=full]957042[/ATTACH]</u></strong></p><p><strong><u>UK grain markets</u></strong></p><p>UK markets followed the lead of global price movements last week. New crop (Nov-21) feed wheat futures ended the week at £185.25/t, a rise of £11.30/t Friday-Friday. The UK remains dry which may cause one or two concerns for the new crop, although there is still some time to go until harvest.</p><p></p><p>The old crop market firmed last week too, though the full rise was not seen in physical markets, with a further squeeze on old crop delivered premiums. East Anglian feed wheat delivered May was quoted on Thursday at £1.50/t over futures, down from £4.00/t over futures on 31 March.</p><p></p><p>The first tender day for May-21 feed wheat futures is tomorrow (27 April), with open interest of 2,683. The May-21 contract could become very technical as the market looks to balance positions.</p><p></p><p>[ATTACH=full]957043[/ATTACH]</p><p>Read the full AHDB Cereals and Oilseeds weekly market report here -<a href="https://ahdb.org.uk/news/market-report-26-april-2021" target="_blank"> https://ahdb.org.uk/news/market-report-26-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: 7534780, member: 142623"] [B][U]Monday 26 April [ATTACH type="full"]957042[/ATTACH] UK grain markets[/U][/B] UK markets followed the lead of global price movements last week. New crop (Nov-21) feed wheat futures ended the week at £185.25/t, a rise of £11.30/t Friday-Friday. The UK remains dry which may cause one or two concerns for the new crop, although there is still some time to go until harvest. The old crop market firmed last week too, though the full rise was not seen in physical markets, with a further squeeze on old crop delivered premiums. East Anglian feed wheat delivered May was quoted on Thursday at £1.50/t over futures, down from £4.00/t over futures on 31 March. The first tender day for May-21 feed wheat futures is tomorrow (27 April), with open interest of 2,683. The May-21 contract could become very technical as the market looks to balance positions. [ATTACH type="full"]957043[/ATTACH] Read the full AHDB Cereals and Oilseeds weekly market report here -[URL='https://ahdb.org.uk/news/market-report-26-april-2021'] https://ahdb.org.uk/news/market-report-26-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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