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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7828815" data-attributes="member: 142623"><p>Monday 08 November 2021</p><p></p><p>[ATTACH=full]996338[/ATTACH]</p><p></p><h3>UK focus</h3><p>Last week saw delivered bread wheat prices into the North West at the highest in the history of the AHDB delivered cereals survey. For Dec-21 delivery (North West), the average bread wheat price was £285.00/t. This is the highest since December 2012, when the price for nearby (current +1month) delivery reached £263.00/t (North West).</p><p></p><p>These record prices are reflective of current global trends and UK tightness. The final results from the <a href="https://ahdb.org.uk/cereals-oilseeds/cereal-quality-calculator" target="_blank">AHDB Cereal Quality Survey (CQS)</a> show that just 20% of group 1 samples met a typical group 1 specification (specific weight≥76kg/hl, protein≥13.0%, HFN≥250s). Specific weight is the main issue, averaging 75.4kg/hl. This may mean that more wheat is required to meet flour demand this season.</p><p></p><p>Feed barley is continuing to track feed wheat. The delivered survey quoted feed barley delivered into East Anglia (Nov-21) at £205.00/t, £13.50/t below feed wheat. Earlier in the season the discount was up to £26.50/t.</p><p></p><p>[ATTACH=full]996339[/ATTACH]</p><p></p><h3>Rapeseed focus</h3><p>Paris rapeseed futures (May-22) closed on Friday at €664.00/t, up €2.50/t (0.38%) across the week. The UK delivered price (into Erith, May-22) was quoted at £603.50/t. For harvest-22, delivery into Erith was quoted at £500.00/t.</p><p></p><p>Sterling weakened (-1.39%) against the Euro week-on-week, helping keep domestic prices supported. Trading closed last Friday at £1 = €1.167.</p><p></p><p><strong>Read the full AHDB Cereals and Oilseeds weekly market report here: </strong><a href="https://ahdb.org.uk/news/market-report-08-november-2021" target="_blank">https://ahdb.org.uk/news/market-report-08-november-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: 7828815, member: 142623"] Monday 08 November 2021 [ATTACH type="full" alt="1636385962438.png"]996338[/ATTACH] [HEADING=2]UK focus[/HEADING] Last week saw delivered bread wheat prices into the North West at the highest in the history of the AHDB delivered cereals survey. For Dec-21 delivery (North West), the average bread wheat price was £285.00/t. This is the highest since December 2012, when the price for nearby (current +1month) delivery reached £263.00/t (North West). These record prices are reflective of current global trends and UK tightness. The final results from the [URL='https://ahdb.org.uk/cereals-oilseeds/cereal-quality-calculator']AHDB Cereal Quality Survey (CQS)[/URL] show that just 20% of group 1 samples met a typical group 1 specification (specific weight≥76kg/hl, protein≥13.0%, HFN≥250s). Specific weight is the main issue, averaging 75.4kg/hl. This may mean that more wheat is required to meet flour demand this season. Feed barley is continuing to track feed wheat. The delivered survey quoted feed barley delivered into East Anglia (Nov-21) at £205.00/t, £13.50/t below feed wheat. Earlier in the season the discount was up to £26.50/t. [ATTACH type="full" alt="1636386068861.png"]996339[/ATTACH] [HEADING=2]Rapeseed focus[/HEADING] Paris rapeseed futures (May-22) closed on Friday at €664.00/t, up €2.50/t (0.38%) across the week. The UK delivered price (into Erith, May-22) was quoted at £603.50/t. For harvest-22, delivery into Erith was quoted at £500.00/t. Sterling weakened (-1.39%) against the Euro week-on-week, helping keep domestic prices supported. Trading closed last Friday at £1 = €1.167. [B]Read the full AHDB Cereals and Oilseeds weekly market report here: [/B][URL]https://ahdb.org.uk/news/market-report-08-november-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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