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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7765886" data-attributes="member: 142623"><p>Monday 27 September</p><p></p><p>[ATTACH=full]988076[/ATTACH]</p><p><strong><u>UK grain markets</u></strong></p><p></p><p>UK feed wheat futures (Nov-21) gained £3.70/t last week, quoted on Friday at £194.00/t.</p><p></p><p>UK feed wheat prices (delivered) followed futures gains. Into East Anglia (Nov-21), delivered prices rose £3.50/t to £193.00/t (Thurs-Thurs). Feed barley delivered East Anglia (Nov-21) was quoted at £178.50/t, a discount of £14.50/t to wheat.</p><p></p><p>For bread wheat, Northamptonshire (Nov-21) was up £7.00/t, quoted at £232.00/t on Thursday.</p><p></p><p>The final 2020/21 cereals supply and demand estimates were released last Thursday. Commercial ending stocks as we entered 2021/22 season, look tight for both wheat and barley.</p><p></p><p>Where now for wheat in 2021/22? The UK wheat crop looks as though it could reach 14.5Mt, though demand could stay strong for feed grains and milling wheat quality remains a concern.</p><p></p><p>With tight global supply of milling wheat too, UK milling premiums are ahead of this time last year.</p><p></p><p>The last AHDB GB harvest report is due on Friday (1 Oct).</p><p></p><p>[ATTACH=full]988078[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p>Paris rapeseed futures (Nov-21) closed on Friday at €619.50/t, gaining €18.75/t across the week. Delivered rapeseed (Erith, Nov-21) was quoted on Friday at £532.00/t, gaining £12.50/t across the week.</p><p></p><p>Rapeseed planted area across Europe is anticipated to increase year-on-year in key countries such as France and Germany. The increase is driven by the current high prices.</p><p></p><p>In France, planted area is set to rise by between 15-20%. If realised this would put the area at 1.12Mha – 1.17Mha hectares, but still below the 2016-2020 average of 1.36Mha (France agriculture ministry).</p><p></p><p>Read the full AHDB Cereals and Oilseeds weekly market report here - <a href="https://ahdb.org.uk/news/market-report-27-september-2021" target="_blank">https://ahdb.org.uk/news/market-report-27-september-2021</a> </p><p>Subscribe to receive Market Report direct into your e-mail inbox here -</p><p><a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">https://ahdb.org.uk/keeping-in-touch </a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 7765886, member: 142623"] Monday 27 September [ATTACH type="full"]988076[/ATTACH] [B][U]UK grain markets[/U][/B] UK feed wheat futures (Nov-21) gained £3.70/t last week, quoted on Friday at £194.00/t. UK feed wheat prices (delivered) followed futures gains. Into East Anglia (Nov-21), delivered prices rose £3.50/t to £193.00/t (Thurs-Thurs). Feed barley delivered East Anglia (Nov-21) was quoted at £178.50/t, a discount of £14.50/t to wheat. For bread wheat, Northamptonshire (Nov-21) was up £7.00/t, quoted at £232.00/t on Thursday. The final 2020/21 cereals supply and demand estimates were released last Thursday. Commercial ending stocks as we entered 2021/22 season, look tight for both wheat and barley. Where now for wheat in 2021/22? The UK wheat crop looks as though it could reach 14.5Mt, though demand could stay strong for feed grains and milling wheat quality remains a concern. With tight global supply of milling wheat too, UK milling premiums are ahead of this time last year. The last AHDB GB harvest report is due on Friday (1 Oct). [ATTACH type="full"]988078[/ATTACH] [B][U]Rapeseed focus[/U][/B] Paris rapeseed futures (Nov-21) closed on Friday at €619.50/t, gaining €18.75/t across the week. Delivered rapeseed (Erith, Nov-21) was quoted on Friday at £532.00/t, gaining £12.50/t across the week. Rapeseed planted area across Europe is anticipated to increase year-on-year in key countries such as France and Germany. The increase is driven by the current high prices. In France, planted area is set to rise by between 15-20%. If realised this would put the area at 1.12Mha – 1.17Mha hectares, but still below the 2016-2020 average of 1.36Mha (France agriculture ministry). Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/market-report-27-september-2021[/URL] Subscribe to receive Market Report direct into your e-mail inbox here - [URL='https://ahdb.org.uk/keeping-in-touch']https://ahdb.org.uk/keeping-in-touch [/URL] [/QUOTE]
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