# Grounds for some new season optimism - Croptec

> Arable Farming's outlook says UK confidence is higher than a year ago, with Grain market consultancy ODA forecasting a UK wheat crop of 14-14.5 million tonnes, about 30% above 2020. It also notes that Paris September 2021 milling wheat futures were trading around £189/t at the start of June.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/46654-grounds-for-some-new-season-optimism-croptec
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A much larger UK crop should reduce import needs and bring UK prices down relative to continental levels. This is bearish for UK wheat used in feed and milling.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- croptecshow.com: https://www.croptecshow.com/the-exhibitor-blog/grounds-new-season-optimism

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