# Maize market explainer: Grain market daily | AHDB

> UK feed wheat futures for May 2023 fell £3.95/t to close at £200.85/t, and new crop November contracts lost £3.90/t. The commentary attributes the move to favourable US spring planting weather and a stronger euro, and notes that maize has seen smaller declines than wheat.

- Date: 2023-04-05 · published 2023-04-05T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/36431-maize-market-explainer-grain-market-daily-ahdb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine daily price commentary showing weaker European and Chicago grain prices, with no new supply shock. Feed buyers face slightly softer maize and wheat values in the short term.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- mainsitelive.azurewebsites.net: https://mainsitelive.azurewebsites.net/news/maize-market-explainer-grain-market-daily

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.