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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8051378" data-attributes="member: 142623"><p>Monday 21 March 2022</p><p></p><p>[ATTACH=full]1023986[/ATTACH]</p><p></p><h3>UK focus</h3><p>UK feed wheat futures (May-22) saw volatility last week, following global market reactions to the Russian and Ukrainian conflict. The contract closed on Friday at £293.00/t, down £5.00/t from last Friday after some gains mid-week. There were relatively low volumes of contracts traded last week, with such high prices.</p><p></p><p>New-crop UK wheat futures (Nov-22) closed on Friday at £250.00/t, down £0.50/t week on week. Though volatility saw prices close at £255.00/t on Tuesday. The contract is trading up at £255.50/t today (13:00 GMT).</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered prices</a> followed futures movements (Thurs to Thurs). Feed wheat into East Anglia (March delivery) increased £6.50/t to be quoted at £300.00/t. New crop (Nov-22) was quoted at £251.00/t for this location.</p><p></p><p>New-crop bread wheat prices were also available last week. Northamptonshire bread wheat (for Nov-22 delivery) was quoted at £290.50/t.</p><p></p><p>[ATTACH=full]1023987[/ATTACH]</p><p></p><h3>Rapeseed focus</h3><p>Paris rapeseed futures (Aug-22) closed Friday at €753.00/t, down €6.00/t across the week. Following market movements, UK delivered rapeseed (into Erith, Aug-22) was quoted Friday at £625.50/t. This is down £8.50/t across the week.</p><p></p><p>In foreign exchange, sterling weakened (-0.2%) against the Euro across to week. Closing Friday trade at £1 = €1.1919.</p><p></p><p>Please note that Friday’s delivered rapeseed survey was conducted around mid-morning therefore price movements may not reflect futures market close due to the rapidly changing market.</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-21-march-2022" target="_blank">https://ahdb.org.uk/news/market-report-21-march-2022</a></p><p></p><p>Subscribe to receive Market Report directly 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: 8051378, member: 142623"] Monday 21 March 2022 [ATTACH type="full"]1023986[/ATTACH] [HEADING=2]UK focus[/HEADING] UK feed wheat futures (May-22) saw volatility last week, following global market reactions to the Russian and Ukrainian conflict. The contract closed on Friday at £293.00/t, down £5.00/t from last Friday after some gains mid-week. There were relatively low volumes of contracts traded last week, with such high prices. New-crop UK wheat futures (Nov-22) closed on Friday at £250.00/t, down £0.50/t week on week. Though volatility saw prices close at £255.00/t on Tuesday. The contract is trading up at £255.50/t today (13:00 GMT). [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered prices[/URL] followed futures movements (Thurs to Thurs). Feed wheat into East Anglia (March delivery) increased £6.50/t to be quoted at £300.00/t. New crop (Nov-22) was quoted at £251.00/t for this location. New-crop bread wheat prices were also available last week. Northamptonshire bread wheat (for Nov-22 delivery) was quoted at £290.50/t. [ATTACH type="full"]1023987[/ATTACH] [HEADING=2]Rapeseed focus[/HEADING] Paris rapeseed futures (Aug-22) closed Friday at €753.00/t, down €6.00/t across the week. Following market movements, UK delivered rapeseed (into Erith, Aug-22) was quoted Friday at £625.50/t. This is down £8.50/t across the week. In foreign exchange, sterling weakened (-0.2%) against the Euro across to week. Closing Friday trade at £1 = €1.1919. Please note that Friday’s delivered rapeseed survey was conducted around mid-morning therefore price movements may not reflect futures market close due to the rapidly changing market. Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/market-report-21-march-2022[/URL] Subscribe to receive Market Report directly into your e-mail inbox here - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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