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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8119368" data-attributes="member: 142623"><p>Tuesday 03 May 2022</p><p></p><p>[ATTACH=full]1033382[/ATTACH]</p><p></p><h3>UK focus</h3><p>UK feed wheat futures (May-22) gained £7.50/t last week, to close on Friday at £329.50/t. New-crop futures (Nov-22) gained £11.55/t to close on Friday at £299.15/t. UK prices follow global movements closely. But on Friday we saw some profit taking ahead of the long weekend.</p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">Delivered prices</a> followed global movement Thurs to Thurs. Though a lack of selling and price volatility make publishing accurate prices more challenging.</p><p></p><p>Feed wheat prices (Nov-22, delivery to Avonmouth) gained £20.00/t to be quoted on Thursday at £306.00/t. We also published a feed barley price (May-22, delivery to Yorkshire) at £326.00/t.</p><p></p><p>New-crop bread wheat (Nov-22, delivery to Northamptonshire) was quoted on Thursday at £347.00/t.</p><p>The <a href="https://ahdb.org.uk/cereals-oilseeds/crop-development-report" target="_blank">latest crop condition report for UK crops as at 27 April 2022</a>, is now available on the AHDB website.</p><p></p><p>If you missed the Spring Grain Market Outlook last week, <a href="https://ahdb.org.uk/news/spring-grain-market-outlook-roundup-grain-market-daily" target="_blank">here is a roundup and a link to the recording</a>. Millie also detailed a follow up <a href="https://ahdb.org.uk/news/bullish-outlook-for-new-crop-global-and-domestic-grains-grain-market-daily" target="_blank">grains market outlook in grain market daily</a>.</p><p></p><p>[ATTACH=full]1033383[/ATTACH]</p><p></p><h3>Rapeseed focus</h3><p>Paris rapeseed new crop futures (Nov-22) closed at €842.75/t, down €8.75/t across the week.</p><p></p><p>Yesterday new crop futures (Nov-22) closed down €40.50/t across the day to close at €802.25/t. New crop futures were pressured due to an improved outlook for EU-27 oilseed production. Stratégie grains oilseed report sharply increased EU-27 sunflower seed harvest to be at 10.7Mt, up from 10.2Mt reported the month before. Reasons for this increase were due to the EU giving authorisation to use fallow land to compensate for potential shortages from Black Sea.</p><p></p><p>Delivered rapeseed (Into Erith, Hvst-22) was quoted at £743.00/t on Friday, with no comparison on the week. While the November-22 delivery, to same destination, was quoted at £748.00/t.</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-03-may-2022" target="_blank">https://ahdb.org.uk/news/market-report-03-may-2022</a></p><p></p><p>Subscribe to receive Market Report directly into your e-mail inbox here - <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: 8119368, member: 142623"] Tuesday 03 May 2022 [ATTACH type="full"]1033382[/ATTACH] [HEADING=2]UK focus[/HEADING] UK feed wheat futures (May-22) gained £7.50/t last week, to close on Friday at £329.50/t. New-crop futures (Nov-22) gained £11.55/t to close on Friday at £299.15/t. UK prices follow global movements closely. But on Friday we saw some profit taking ahead of the long weekend. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']Delivered prices[/URL] followed global movement Thurs to Thurs. Though a lack of selling and price volatility make publishing accurate prices more challenging. Feed wheat prices (Nov-22, delivery to Avonmouth) gained £20.00/t to be quoted on Thursday at £306.00/t. We also published a feed barley price (May-22, delivery to Yorkshire) at £326.00/t. New-crop bread wheat (Nov-22, delivery to Northamptonshire) was quoted on Thursday at £347.00/t. The [URL='https://ahdb.org.uk/cereals-oilseeds/crop-development-report']latest crop condition report for UK crops as at 27 April 2022[/URL], is now available on the AHDB website. If you missed the Spring Grain Market Outlook last week, [URL='https://ahdb.org.uk/news/spring-grain-market-outlook-roundup-grain-market-daily']here is a roundup and a link to the recording[/URL]. Millie also detailed a follow up [URL='https://ahdb.org.uk/news/bullish-outlook-for-new-crop-global-and-domestic-grains-grain-market-daily']grains market outlook in grain market daily[/URL]. [ATTACH type="full"]1033383[/ATTACH] [HEADING=2]Rapeseed focus[/HEADING] Paris rapeseed new crop futures (Nov-22) closed at €842.75/t, down €8.75/t across the week. Yesterday new crop futures (Nov-22) closed down €40.50/t across the day to close at €802.25/t. New crop futures were pressured due to an improved outlook for EU-27 oilseed production. Stratégie grains oilseed report sharply increased EU-27 sunflower seed harvest to be at 10.7Mt, up from 10.2Mt reported the month before. Reasons for this increase were due to the EU giving authorisation to use fallow land to compensate for potential shortages from Black Sea. Delivered rapeseed (Into Erith, Hvst-22) was quoted at £743.00/t on Friday, with no comparison on the week. While the November-22 delivery, to same destination, was quoted at £748.00/t. [B]Read the full AHDB Cereals and Oilseeds weekly market report here[/B] - [URL]https://ahdb.org.uk/news/market-report-03-may-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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