# Analyst Insight: Is it worth carrying old crop into the new marketing year? | AHDB

> UK wheat futures for May 2020 closed at £153.00/t on January 29, slightly lower as traders assessed the coronavirus outbreak and strikes at French ports added pressure on EU markets. Russia's Agriculture Ministry estimated its 2020 grain crop at 125.3Mt, up from 120.7Mt in 2019. The article also discusses whether to carry old crop into the new marketing year amid poor drilling conditions in the UK.

- Date: 2020-01-30 · published 2020-01-30T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/55121-analyst-insight-is-it-worth-carrying-old-crop-into-the-new-marketing-year-ahdb
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger Russian crop estimate and weaker EU export demand add bearish pressure on European wheat, while port strikes disrupt flows.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-14 | [Markets drop on post-USDA profit-taking: Grain market daily \| AHDB](https://feedsoft.ai/events/7463-markets-drop-on-post-usda-profit-taking-grain-market-daily-ahdb.md) | -1.3% | -4.0% |
| WHEAT | 2026-04-29 | [Freight market review for Week 18 in the Azov-Black Sea and Baltic regions - Sea Lines shipping](https://feedsoft.ai/events/14125-freight-market-review-for-week-18-in-the-azov-black-sea-and-baltic-regions-sea.md) | -3.1% | -0.4% |
| WHEAT | 2024-01-26 | [Drought and the Mighty Mississippi: USACE efforts to keep cargo flowing - CLN WorldWide](https://feedsoft.ai/events/16573-drought-and-the-mighty-mississippi-usace-efforts-to-keep-cargo-flowing-cln.md) | -0.3% | -5.2% |
| WHEAT | 2019-11-23 | [Logistics putting on the pressure  — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/56109-logistics-putting-on-the-pressure-this-week-in-the-grain-markets-realagriculture.md) | +1.0% | -1.1% |
| WHEAT | 2021-07-08 | [The cost of sea freight is growing as the cost of container delivery increases](https://feedsoft.ai/events/45954-the-cost-of-sea-freight-is-growing-as-the-cost-of-container-delivery-increases.md) | -2.2% | +0.0% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/analyst-insight-is-it-worth-carrying-old-crop-into-the-new-marketing-year

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