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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8580776" data-attributes="member: 142623"><p>Monday 06 February 2023</p><p></p><p>[ATTACH=full]1092543[/ATTACH]</p><p></p><p><strong>UK focus</strong></p><p></p><p>UK feed wheat futures followed the upward price movement seen in the US. Old crop prices (May-23) gained 2% Friday – Friday, and new crop futures (Nov-23) climbed 2.1% over the same period.</p><p></p><p>Feed wheat delivered into East Anglia (Feb-23 delivery) was quoted at £230.50/t on Thursday, up £2.00/t Thursday – Thursday. Bread wheat delivered into the North West (Feb-23 delivery) was quoted at £311.00/t on Thursday, up £3.50/t over the same period.</p><p></p><p>On Thursday, AHDB published the <a href="https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage" target="_blank">latest UK human and industrial cereal usage figures</a>, which includes information on cereal usage by flour millers, brewers, maltsters and distillers (BMD), and oat millers, up to December. See <a href="https://ahdb.org.uk/news/human-and-industrial-cereal-usage-round-up-grain-market-daily" target="_blank">Thursday’s GMD</a> for a round-up of the data.</p><p></p><p>On the same day, AHDB also published the latest cereal usage data for GB animal feed production, click <a href="https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production" target="_blank">here</a> to see the full set of results.</p><p>[ATTACH=full]1092544[/ATTACH]</p><p></p><p><strong>Rapeseed focus</strong></p><p></p><p>Paris rapeseed futures (May-23) gained €4.75/t last week, to close on Friday at €545.25/t feeling strength from soyabean markets. Friday saw gains across the Winnipeg canola futures, which added to the support seen in rapeseed last week and sheltered rapeseed from losses seen in crude oil.</p><p></p><p>Delivered prices followed futures movement last week, a weakening pound sterling against the euro added to gains. On Friday, delivered rapeseed into Erith (Feb-23 delivery) was quoted at £481.00/t, up £8.00/t Friday to Friday.</p><p></p><p><strong>Read the full AHDB Cereals and Oilseeds weekly market report here: </strong><a href="https://ahdb.org.uk/news/arable-market-report-06-february-2023" target="_blank">https://ahdb.org.uk/news/arable-market-report-06-february-2023</a></p><p></p><p>Subscribe to receive Market Report direct into your e-mail inbox here -<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: 8580776, member: 142623"] Monday 06 February 2023 [ATTACH type="full"]1092543[/ATTACH] [B]UK focus[/B] UK feed wheat futures followed the upward price movement seen in the US. Old crop prices (May-23) gained 2% Friday – Friday, and new crop futures (Nov-23) climbed 2.1% over the same period. Feed wheat delivered into East Anglia (Feb-23 delivery) was quoted at £230.50/t on Thursday, up £2.00/t Thursday – Thursday. Bread wheat delivered into the North West (Feb-23 delivery) was quoted at £311.00/t on Thursday, up £3.50/t over the same period. On Thursday, AHDB published the [URL='https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage']latest UK human and industrial cereal usage figures[/URL], which includes information on cereal usage by flour millers, brewers, maltsters and distillers (BMD), and oat millers, up to December. See [URL='https://ahdb.org.uk/news/human-and-industrial-cereal-usage-round-up-grain-market-daily']Thursday’s GMD[/URL] for a round-up of the data. On the same day, AHDB also published the latest cereal usage data for GB animal feed production, click [URL='https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production']here[/URL] to see the full set of results. [ATTACH type="full"]1092544[/ATTACH] [B]Rapeseed focus[/B] Paris rapeseed futures (May-23) gained €4.75/t last week, to close on Friday at €545.25/t feeling strength from soyabean markets. Friday saw gains across the Winnipeg canola futures, which added to the support seen in rapeseed last week and sheltered rapeseed from losses seen in crude oil. Delivered prices followed futures movement last week, a weakening pound sterling against the euro added to gains. On Friday, delivered rapeseed into Erith (Feb-23 delivery) was quoted at £481.00/t, up £8.00/t Friday to Friday. [B]Read the full AHDB Cereals and Oilseeds weekly market report here: [/B][URL]https://ahdb.org.uk/news/arable-market-report-06-february-2023[/URL] Subscribe to receive Market Report direct into your e-mail inbox here -[URL='https://ahdb.org.uk/keeping-in-touch'] https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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