# Grain prices pressured as COVID-19 disrupts demand: Feed market report | AHDB

> UK feed market commentary says domestic wheat prices stayed relatively firm through April despite pandemic pressures. US maize prices fell as ethanol demand dropped. The April USDA report raised wheat and maize ending stocks, and European wheat prices rose after some Black Sea countries moved to restrict exports.

- Date: 2020-04-29 · published 2020-04-29T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/53723-grain-prices-pressured-as-covid-19-disrupts-demand-feed-market-report-ahdb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger US stocks and weaker ethanol-linked corn demand add surplus grain for feed use, keeping feed grain prices under pressure. Black Sea export restrictions offer partial support to European wheat.

## Read by commodity

- CORN: bearish ▼
- WHEAT: neutral

## Sources

- ahdb.org.uk: http://www.ahdb.org.uk/news/grain-prices-pressured-as-covid-19-disrupts-demand-feed-market-report

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