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: 8128936" data-attributes="member: 142623"><p>Monday 09 May 2022</p><p></p><p>[ATTACH=full]1034821[/ATTACH]</p><p></p><h3><u>UK grain markets</u></h3><p>UK feed wheat (May-22) reached a record high last Thursday, closing at £340.25/t. However, Friday saw some profit taking and the contract closed the week at £335.00/t. This is up £5.50/t on the week. The new-crop contract (Nov-22) gained £19.60/t last week, to close on Friday at £318.75/t.</p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered prices</a> remain supported by tight global supply. On Thursday, East Anglia feed wheat (July delivery) was quoted £336.00/t. New-crop feed wheat prices for the same destination (Harvest delivery) were quoted at £311.00/t.</p><p></p><p>Bread wheat prices into North West (November delivery) were quoted on Thursday at £380.50/t.</p><p></p><p>As at the end-February, 3.85Mt of wheat was stored on farm in England and Wales according to the <a href="https://www.gov.uk/government/collections/cereal-usage-and-stocks?" target="_blank">latest Defra stocks survey</a> (up 45% on the year). Total wheat stocks held by <a href="https://ahdb.org.uk/cereals-oilseeds/cereal-stocks?" target="_blank">merchants, ports, and co-ops</a> at the end of February was at 1.28Mt (down 12% on the year), according to latest AHDB data. On farm barley stocks were at 767Kt (down 35% on the year), with the amount being held by merchant, ports, and co-ops at 786Kt (down 18% on the year).</p><p></p><p>The latest cereal usage data for <a href="https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production?" target="_blank">GB animal feed</a> and <a href="https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage?" target="_blank">UK human and industrial</a> sectors is now available.</p><p></p><p>Also released last week, we have produced some insightful analysis on the <a href="https://ahdb.org.uk/news/analyst-insight-don-t-let-your-profits-dry-out?" target="_blank">cost to dry grain</a>, and <a href="https://ahdb.org.uk/news/nitrogen-fertiliser-application-strategies-explored-grain-market-daily" target="_blank">strategies for nitrogen fertiliser application</a> considering the rising cost of inputs.</p><p></p><p></p><p>[ATTACH=full]1034823[/ATTACH]</p><p></p><h3><u>Rapeseed focus</u></h3><p>Paris new crop (Nov-22) rapeseed futures closed the week at €828.25/t, down €14.50/t Friday to Friday. <a href="https://ahdb.org.uk/news/market-report-03-may-2022" target="_blank">Prices had fallen sharply on Monday, following news of an improved outlook for the EU crop and an increase in the EU sunflower area</a>, but then climbed during the week before taking a breath on Friday.</p><p></p><p>The release of a below expected Canadian canola (rapeseed) stocks level, and dry, hot weather forecast for the EU, lent support during the week to the oilseed. Statistics Canada pegged the Canadian stocks figures, as at 31 Mar, at 3.9Mt, down 49% from Mar 2021 levels and 64% from Mar 2020 volumes.</p><p></p><p>Delivered rapeseed (Erith, Nov-22) was quoted at £719.00/t on Friday, down £29.00/t from the previous Friday.</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-09-may-2022" target="_blank">https://ahdb.org.uk/news/market-report-09-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: 8128936, member: 142623"] Monday 09 May 2022 [ATTACH type="full"]1034821[/ATTACH] [HEADING=2][U]UK grain markets[/U][/HEADING] UK feed wheat (May-22) reached a record high last Thursday, closing at £340.25/t. However, Friday saw some profit taking and the contract closed the week at £335.00/t. This is up £5.50/t on the week. The new-crop contract (Nov-22) gained £19.60/t last week, to close on Friday at £318.75/t. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered prices[/URL] remain supported by tight global supply. On Thursday, East Anglia feed wheat (July delivery) was quoted £336.00/t. New-crop feed wheat prices for the same destination (Harvest delivery) were quoted at £311.00/t. Bread wheat prices into North West (November delivery) were quoted on Thursday at £380.50/t. As at the end-February, 3.85Mt of wheat was stored on farm in England and Wales according to the [URL='https://www.gov.uk/government/collections/cereal-usage-and-stocks?']latest Defra stocks survey[/URL] (up 45% on the year). Total wheat stocks held by [URL='https://ahdb.org.uk/cereals-oilseeds/cereal-stocks?']merchants, ports, and co-ops[/URL] at the end of February was at 1.28Mt (down 12% on the year), according to latest AHDB data. On farm barley stocks were at 767Kt (down 35% on the year), with the amount being held by merchant, ports, and co-ops at 786Kt (down 18% on the year). The latest cereal usage data for [URL='https://ahdb.org.uk/cereals-oilseeds/cereal-use-in-gb-animal-feed-production?']GB animal feed[/URL] and [URL='https://ahdb.org.uk/cereals-oilseeds/uk-human-industrial-cereal-usage?']UK human and industrial[/URL] sectors is now available. Also released last week, we have produced some insightful analysis on the [URL='https://ahdb.org.uk/news/analyst-insight-don-t-let-your-profits-dry-out?']cost to dry grain[/URL], and [URL='https://ahdb.org.uk/news/nitrogen-fertiliser-application-strategies-explored-grain-market-daily']strategies for nitrogen fertiliser application[/URL] considering the rising cost of inputs. [ATTACH type="full"]1034823[/ATTACH] [HEADING=2][U]Rapeseed focus[/U][/HEADING] Paris new crop (Nov-22) rapeseed futures closed the week at €828.25/t, down €14.50/t Friday to Friday. [URL='https://ahdb.org.uk/news/market-report-03-may-2022']Prices had fallen sharply on Monday, following news of an improved outlook for the EU crop and an increase in the EU sunflower area[/URL], but then climbed during the week before taking a breath on Friday. The release of a below expected Canadian canola (rapeseed) stocks level, and dry, hot weather forecast for the EU, lent support during the week to the oilseed. Statistics Canada pegged the Canadian stocks figures, as at 31 Mar, at 3.9Mt, down 49% from Mar 2021 levels and 64% from Mar 2020 volumes. Delivered rapeseed (Erith, Nov-22) was quoted at £719.00/t on Friday, down £29.00/t from the previous Friday. [B]Read the full AHDB Cereals and Oilseeds weekly market report here[/B] - [URL]https://ahdb.org.uk/news/market-report-09-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]
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