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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8140140" data-attributes="member: 142623"><p>Monday 16 May 2022</p><p></p><p>[ATTACH=full]1036479[/ATTACH]</p><p></p><h3>UK focus</h3><p>UK feed wheat futures continue to follow global movements. The May-22 contract gained £16.80/t last week, to close on Friday at £351.80/t. The new crop contract (Nov-22) gained £17.55/t last week, to close at £336.30/t. We can see new-crop prices are moving up towards old-crop levels. This morning, the Nov-22 contract was trading at £349.00/t (12:00BST) on the Indian export news.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered prices</a> continue to follow futures market movements. On Thursday, feed wheat into East Anglia (Jul delivery) gained £7.50/t (Thurs to Thurs) to be quoted at £343.50/t. To this same destination, Nov-22 gained £22.00/t (Thurs to Thurs) to be quoted at £337.50/t.</p><p></p><p>Bread wheat prices delivered into Northamptonshire (Nov-22) gained £19.00/t last week, to be quoted at £383.00/t.</p><p></p><p>On Friday, Vikki used results from different nitrogen application strategies to analyse scenario outcomes for UK production for harvest 22. To read the full report, <a href="https://ahdb.org.uk/news/production-impacts-from-reduced-nitrogen-fertiliser-strategies-grain-market-daily" target="_blank">use this lin</a>k.</p><p></p><p>[ATTACH=full]1036480[/ATTACH]</p><p></p><h3>Rapeseed focus</h3><p>Paris rapeseed futures (Nov-22) closed Friday at €857.50/t, gaining €29.25/t across the week.</p><p></p><p>Delivered rapeseed (into Erith, Nov-22) was quoted Friday at £731.00/t, gaining £12.00/t across the week.</p><p></p><p>Gains on our domestic market were limited across the week due to sterling strengthening against the euro to close Friday at £1 = €1.1773.</p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 8140140, member: 142623"] Monday 16 May 2022 [ATTACH type="full"]1036479[/ATTACH] [HEADING=2]UK focus[/HEADING] UK feed wheat futures continue to follow global movements. The May-22 contract gained £16.80/t last week, to close on Friday at £351.80/t. The new crop contract (Nov-22) gained £17.55/t last week, to close at £336.30/t. We can see new-crop prices are moving up towards old-crop levels. This morning, the Nov-22 contract was trading at £349.00/t (12:00BST) on the Indian export news. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered prices[/URL] continue to follow futures market movements. On Thursday, feed wheat into East Anglia (Jul delivery) gained £7.50/t (Thurs to Thurs) to be quoted at £343.50/t. To this same destination, Nov-22 gained £22.00/t (Thurs to Thurs) to be quoted at £337.50/t. Bread wheat prices delivered into Northamptonshire (Nov-22) gained £19.00/t last week, to be quoted at £383.00/t. On Friday, Vikki used results from different nitrogen application strategies to analyse scenario outcomes for UK production for harvest 22. To read the full report, [URL='https://ahdb.org.uk/news/production-impacts-from-reduced-nitrogen-fertiliser-strategies-grain-market-daily']use this lin[/URL]k. [ATTACH type="full"]1036480[/ATTACH] [HEADING=2]Rapeseed focus[/HEADING] Paris rapeseed futures (Nov-22) closed Friday at €857.50/t, gaining €29.25/t across the week. Delivered rapeseed (into Erith, Nov-22) was quoted Friday at £731.00/t, gaining £12.00/t across the week. Gains on our domestic market were limited across the week due to sterling strengthening against the euro to close Friday at £1 = €1.1773. [/QUOTE]
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