Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Arable Farming
Arable Market Commentary
AHDB weekly market report
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7861962" data-attributes="member: 142623"><p>Monday 29 November 2021</p><p></p><p>[ATTACH=full]1000433[/ATTACH]</p><p></p><p><strong><u>UK grain markets</u></strong></p><p></p><p>UK feed wheat futures (May-22) rose last week, following the trend set by global prices.</p><p></p><p><a href="https://ahdb.org.uk/news/analyst-insight-supply-and-demand-estimates-show-wheat-picture-tightening" target="_blank">Domestic wheat supply and demand remains tight</a>. The latest estimates show an even tighter picture than forecast last month due to lower imports, while demand remains robust. UK maize imports are also forecast to fall 26% from last season to 2.12Mt. Currently, import pricing of Black Sea maize is not competitive against domestic cereals. The estimates also included the first projections for oats and updated projections for barley.</p><p></p><p>Sterling weakened against both the euro and US dollar last week. On Friday £1 was worth €1.1792 and $1.3340 (Refinitiv). While the pound is still relatively high against the euro, it fell to its lowest level against the dollar for 12 months on Thursday. Weaker sterling can often mean support for UK prices relative to global or European levels.</p><p></p><p>[ATTACH=full]1000432[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p></p><p>It was a volatile week for Paris rapeseed futures (May-22) last week. They closed Friday at €648.50/t, down €3.50/t across the week, but losing €14.75/t on Friday’s trading. Gains earlier in the week partially compensated for this loss.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">Delivered rapeseed</a> (into Erith, Dec-21) was quoted at £579.00/t, down £1.50/t across the week. Meanwhile, harvest-22 delivery into Erith was quoted at £480.00/t, with no comparison to last week.</p><p></p><p>The week-on-week loss was softened on our domestic market as sterling weakened (-1.0%) against the euro across the week. Friday’s close was £1 = €1.1792 (Refinitiv).</p><p></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-29-november-2021" target="_blank">https://ahdb.org.uk/news/market-report-29-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: 7861962, member: 142623"] Monday 29 November 2021 [ATTACH type="full"]1000433[/ATTACH] [B][U]UK grain markets[/U][/B] UK feed wheat futures (May-22) rose last week, following the trend set by global prices. [URL='https://ahdb.org.uk/news/analyst-insight-supply-and-demand-estimates-show-wheat-picture-tightening']Domestic wheat supply and demand remains tight[/URL]. The latest estimates show an even tighter picture than forecast last month due to lower imports, while demand remains robust. UK maize imports are also forecast to fall 26% from last season to 2.12Mt. Currently, import pricing of Black Sea maize is not competitive against domestic cereals. The estimates also included the first projections for oats and updated projections for barley. Sterling weakened against both the euro and US dollar last week. On Friday £1 was worth €1.1792 and $1.3340 (Refinitiv). While the pound is still relatively high against the euro, it fell to its lowest level against the dollar for 12 months on Thursday. Weaker sterling can often mean support for UK prices relative to global or European levels. [ATTACH type="full"]1000432[/ATTACH] [B][U]Rapeseed focus[/U][/B] It was a volatile week for Paris rapeseed futures (May-22) last week. They closed Friday at €648.50/t, down €3.50/t across the week, but losing €14.75/t on Friday’s trading. Gains earlier in the week partially compensated for this loss. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']Delivered rapeseed[/URL] (into Erith, Dec-21) was quoted at £579.00/t, down £1.50/t across the week. Meanwhile, harvest-22 delivery into Erith was quoted at £480.00/t, with no comparison to last week. The week-on-week loss was softened on our domestic market as sterling weakened (-1.0%) against the euro across the week. Friday’s close was £1 = €1.1792 (Refinitiv). [B]Read the full AHDB Cereals and Oilseeds weekly market report here: [/B][URL]https://ahdb.org.uk/news/market-report-29-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]
Insert quotes…
Verification
Post reply
Forums
Arable Farming
Arable Market Commentary
AHDB weekly market report
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top