Markets are awaiting today's USDA report: Grain market daily

• UK feed wheat futures (Nov-25) closed up £0.60/t (0.4%) at £166.55/t yesterday. The May-26 contract gained £0.45/t yesterday, closing at £176.90/t
• UK feed wheat futures gained yesterday, in line with global wheat futures. Paris milling wheat and Chicago wheat futures (Dec-25) increased by 0.4% and 1.3% respectively. Ahead of today's release of the USDA's World Agricultural Supply and Demand Estimates (WASDE) report buying activity in Chicago wheat futures increased, which supported prices
• Expana increased its forecast for EU common wheat production in 2025/26 by 3.3 Mt to a record high of 136.1 Mt
• Paris rapeseed futures fell yesterday. The Nov-25 contract decreased by €1.25/t (0.3%) to close at €466.50/t. This was primarily due to profit-taking following two days of rising prices. Brent crude oil futures (Nov-25) fell by 1.7% at yesterday's close after three consecutive days of increases
• Meanwhile, Winnipeg canola and Chicago soyabean futures (Nov-25) increased by 0.6% and 0.8% respectively yesterday

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