- Location
- Stoneleigh
Monday 16 May 2022
UK delivered prices continue to follow futures market movements. On Thursday, feed wheat into East Anglia (Jul delivery) gained £7.50/t (Thurs to Thurs) to be quoted at £343.50/t. To this same destination, Nov-22 gained £22.00/t (Thurs to Thurs) to be quoted at £337.50/t.
Bread wheat prices delivered into Northamptonshire (Nov-22) gained £19.00/t last week, to be quoted at £383.00/t.
On Friday, Vikki used results from different nitrogen application strategies to analyse scenario outcomes for UK production for harvest 22. To read the full report, use this link.
Delivered rapeseed (into Erith, Nov-22) was quoted Friday at £731.00/t, gaining £12.00/t across the week.
Gains on our domestic market were limited across the week due to sterling strengthening against the euro to close Friday at £1 = €1.1773.
UK focus
UK feed wheat futures continue to follow global movements. The May-22 contract gained £16.80/t last week, to close on Friday at £351.80/t. The new crop contract (Nov-22) gained £17.55/t last week, to close at £336.30/t. We can see new-crop prices are moving up towards old-crop levels. This morning, the Nov-22 contract was trading at £349.00/t (12:00BST) on the Indian export news.UK delivered prices continue to follow futures market movements. On Thursday, feed wheat into East Anglia (Jul delivery) gained £7.50/t (Thurs to Thurs) to be quoted at £343.50/t. To this same destination, Nov-22 gained £22.00/t (Thurs to Thurs) to be quoted at £337.50/t.
Bread wheat prices delivered into Northamptonshire (Nov-22) gained £19.00/t last week, to be quoted at £383.00/t.
On Friday, Vikki used results from different nitrogen application strategies to analyse scenario outcomes for UK production for harvest 22. To read the full report, use this link.
Rapeseed focus
Paris rapeseed futures (Nov-22) closed Friday at €857.50/t, gaining €29.25/t across the week.Delivered rapeseed (into Erith, Nov-22) was quoted Friday at £731.00/t, gaining £12.00/t across the week.
Gains on our domestic market were limited across the week due to sterling strengthening against the euro to close Friday at £1 = €1.1773.