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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7796426" data-attributes="member: 142623"><p>Monday 18 October</p><p></p><p>[ATTACH=full]992030[/ATTACH]</p><p></p><p><strong><u>UK grain markets</u></strong></p><p></p><p>UK wheat prices tracked up with Paris wheat futures last week. The Nov-21 UK feed wheat futures contract gained £6.25/t, closing on Friday at £208.50/t.</p><p></p><p>As highlighted last week, the UK production figures were published provisionally on Monday. Further data <a href="https://ahdb.org.uk/news/sharp-contrasts-in-uk-crop-production-figures-grain-market-daily" target="_blank">published on Thursday</a> highlights where challenges in production were felt most. Lower yields are highlighted in the South and East of England, outweighing stronger yields in the North and in Scotland.</p><p></p><p><a href="http://link.ahdb.org.uk/c/6/?T=NDUxNzg1OTU%3AcDEtYjIxMjkxLTJmYjc0ZWY2MzJhNDRhMWFhMmU0Njg3NDEyMWI0NzBj%3AbWVnYW4uaGVza2V0aEBhaGRiLm9yZy51aw%3AY29udGFjdC0zNjY5MTEyYTA5ZjFlYTExYTgxNTAwMjI0ODAwNzhjNy0zZWQ0N2FlNDA5MDA0MTU4OWI2ZDI4NzBiOTRkNTAxYQ%3AZmFsc2U%3ANQ%3A%3AaHR0cHM6Ly9haGRiLm9yZy51ay9jZXJlYWxzLW9pbHNlZWRzL3RyYWRlLWRhdGE_X2NsZGVlPWJXVm5ZVzR1YUdWemEyVjBhRUJoYUdSaUxtOXlaeTUxYXclM2QlM2QmcmVjaXBpZW50aWQ9Y29udGFjdC0zNjY5MTEyYTA5ZjFlYTExYTgxNTAwMjI0ODAwNzhjNy0zZWQ0N2FlNDA5MDA0MTU4OWI2ZDI4NzBiOTRkNTAxYSZlc2lkPTg2YjExNTRkLTEwMzAtZWMxMS1iNmU2LTAwMGQzYTg3MWZjMg&K=ifdxcV_ihig9zPF4WbiQWA" target="_blank">UK trade data</a> to August was published last week. Imports of both wheat and maize are off to a strong start, with 449Kt of wheat (exc. durum) imported and 242Kt of maize. Wheat imports are 68Kt ahead of the same point last season. This likely reflects the tight stocks position in the UK at the start of this season.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered prices</a> followed the trends seen in futures markets. Last week no milling wheat prices were published in the AHDB delivered cereals survey. This reflected the difficulties in pricing domestic milling wheat, with quality challenging.</p><p></p><p>[ATTACH=full]992028[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p></p><p>Paris futures (Nov-21) gained €5.00/t on the week (Friday to Friday), to close at €672.50/t. This is despite sharp falls mid-week on the larger global oilseed supply (more above). Gains at the end of the week followed US price rebounds. Prices were readjusting following the USDA WASDE with further support from speculative trading.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered rapeseed prices</a> (Nov-21) were quoted at £567.50/t into Erith, on Friday. Delivered prices for May-22 (into Erith) were down £5.00/t on the week, at £573.00/t. Prices fell in line with Paris rapeseed futures, at the time of the survey. Paris rapeseed futures then closed higher on Friday.</p><p></p><p>Defra released their provisional crop production figures for harvest 2021. <a href="https://ahdb.org.uk/news/sharp-contrasts-in-uk-crop-production-figures-grain-market-daily" target="_blank">The rapeseed crop</a> was the smallest in 32 years. At 977Kt, the crop is 6% below harvest 2020. A 20% fall in area for harvest 2021, was in part offset by increased yields on the year (provisionally at 3.2t/ha for 2021).</p><p></p><p></p><p>Read the full AHDB Cereals and Oilseeds weekly market report here <a href="https://ahdb.org.uk/news/market-report-18-october-2021" target="_blank">https://ahdb.org.uk/news/market-report-18-october-2021</a></p><p></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: 7796426, member: 142623"] Monday 18 October [ATTACH type="full" alt="1634569049670.png"]992030[/ATTACH] [B][U]UK grain markets[/U][/B] UK wheat prices tracked up with Paris wheat futures last week. The Nov-21 UK feed wheat futures contract gained £6.25/t, closing on Friday at £208.50/t. As highlighted last week, the UK production figures were published provisionally on Monday. Further data [URL='https://ahdb.org.uk/news/sharp-contrasts-in-uk-crop-production-figures-grain-market-daily']published on Thursday[/URL] highlights where challenges in production were felt most. Lower yields are highlighted in the South and East of England, outweighing stronger yields in the North and in Scotland. [URL='http://link.ahdb.org.uk/c/6/?T=NDUxNzg1OTU%3AcDEtYjIxMjkxLTJmYjc0ZWY2MzJhNDRhMWFhMmU0Njg3NDEyMWI0NzBj%3AbWVnYW4uaGVza2V0aEBhaGRiLm9yZy51aw%3AY29udGFjdC0zNjY5MTEyYTA5ZjFlYTExYTgxNTAwMjI0ODAwNzhjNy0zZWQ0N2FlNDA5MDA0MTU4OWI2ZDI4NzBiOTRkNTAxYQ%3AZmFsc2U%3ANQ%3A%3AaHR0cHM6Ly9haGRiLm9yZy51ay9jZXJlYWxzLW9pbHNlZWRzL3RyYWRlLWRhdGE_X2NsZGVlPWJXVm5ZVzR1YUdWemEyVjBhRUJoYUdSaUxtOXlaeTUxYXclM2QlM2QmcmVjaXBpZW50aWQ9Y29udGFjdC0zNjY5MTEyYTA5ZjFlYTExYTgxNTAwMjI0ODAwNzhjNy0zZWQ0N2FlNDA5MDA0MTU4OWI2ZDI4NzBiOTRkNTAxYSZlc2lkPTg2YjExNTRkLTEwMzAtZWMxMS1iNmU2LTAwMGQzYTg3MWZjMg&K=ifdxcV_ihig9zPF4WbiQWA']UK trade data[/URL] to August was published last week. Imports of both wheat and maize are off to a strong start, with 449Kt of wheat (exc. durum) imported and 242Kt of maize. Wheat imports are 68Kt ahead of the same point last season. This likely reflects the tight stocks position in the UK at the start of this season. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered prices[/URL] followed the trends seen in futures markets. Last week no milling wheat prices were published in the AHDB delivered cereals survey. This reflected the difficulties in pricing domestic milling wheat, with quality challenging. [ATTACH type="full" alt="1634568834793.png"]992028[/ATTACH] [B][U]Rapeseed focus[/U][/B] Paris futures (Nov-21) gained €5.00/t on the week (Friday to Friday), to close at €672.50/t. This is despite sharp falls mid-week on the larger global oilseed supply (more above). Gains at the end of the week followed US price rebounds. Prices were readjusting following the USDA WASDE with further support from speculative trading. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered rapeseed prices[/URL] (Nov-21) were quoted at £567.50/t into Erith, on Friday. Delivered prices for May-22 (into Erith) were down £5.00/t on the week, at £573.00/t. Prices fell in line with Paris rapeseed futures, at the time of the survey. Paris rapeseed futures then closed higher on Friday. Defra released their provisional crop production figures for harvest 2021. [URL='https://ahdb.org.uk/news/sharp-contrasts-in-uk-crop-production-figures-grain-market-daily']The rapeseed crop[/URL] was the smallest in 32 years. At 977Kt, the crop is 6% below harvest 2020. A 20% fall in area for harvest 2021, was in part offset by increased yields on the year (provisionally at 3.2t/ha for 2021). Read the full AHDB Cereals and Oilseeds weekly market report here [URL]https://ahdb.org.uk/news/market-report-18-october-2021[/URL] Subscribe to receive Market Report direct into your e-mail inbox here - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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