# Markets pricing in long term grain pressure: Grain Market Daily | AHDB

> AHDB's market commentary said new-crop Nov-20 UK feed wheat futures gained while remaining well below April and March highs, and the EU raised its import duty on maize to 10.40 euros per tonne. Brent crude recovered above 30 dollars per barrel. Dryness in South America and the Black Sea was noted but demand was seen as the main driver.

- Date: 2020-05-06 · published 2020-05-06T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/53178-markets-pricing-in-long-term-grain-pressure-grain-market-daily-ahdb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The higher EU maize import duty reduces import competition for feed grains in Europe, supporting EU maize prices, while crude's recovery supports energy-linked commodities.

## Read by commodity

- CORN: bullish ▲
- BRENT: bullish ▲
- WHEAT: neutral

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/markets-pricing-in-long-term-grain-pressure-grain-market-daily

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