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AHDB weekly market report
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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8185879" data-attributes="member: 142623"><p>Monday 13th June 2022</p><p>[ATTACH=full]1042498[/ATTACH]</p><p></p><p><strong><u><span style="font-size: 15px">UK grain markets</span></u></strong></p><p></p><p>Domestic prices went in the opposite direction to the global market. Nearby UK feed wheat futures (Jul-22) closed at £294.90/t on Friday, down £11.50/t across the week. The new crop contract (Nov-22) did the same, down £11.50/t to close at £306.00/t on Friday.</p><p></p><p>Delivered prices saw a decline over the last couple of weeks (no delivered prices were published on the 2 June due to the bank holiday). Feed wheat into East Anglia (Nov-22 delivery) was quoted at £302.50/t on Thursday, down £19.00/t from two weeks before. Bread wheat prices into the North West (Nov-22), were quoted at £368.00/t, down £21.00/t over the same period. </p><p></p><p>[ATTACH=full]1042501[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p></p><p>Paris rapeseed futures (Nov-22) closed Friday at €783.75/t, up €13.00/t across the week.</p><p></p><p>Delivered rapeseed (Into Erith, Hvst-22) were quoted at €655.50/t on Friday, with no comparison on weekly movements. Nov-22 and Feb-23 were quoted at €663.00/t and €666.00/t, respectively.</p><p></p><p>The latest data released from ABARES shows that every Australian state will increase in canola area for 2022/23. However, production is estimated to be 5.6Mt, down from 2021/22 bumper crop of 6.5Mt.</p><p></p><p>Read the full AHDB Cereals and Oilseeds weekly market report here -<a href="https://ahdb.org.uk/news/arable-market-report-13-june-2022" target="_blank">https://ahdb.org.uk/news/arable-market-report-13-june-2022</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: 8185879, member: 142623"] Monday 13th June 2022 [ATTACH type="full" alt="1655127123865.png"]1042498[/ATTACH] [B][U][SIZE=4]UK grain markets[/SIZE][/U][/B] Domestic prices went in the opposite direction to the global market. Nearby UK feed wheat futures (Jul-22) closed at £294.90/t on Friday, down £11.50/t across the week. The new crop contract (Nov-22) did the same, down £11.50/t to close at £306.00/t on Friday. Delivered prices saw a decline over the last couple of weeks (no delivered prices were published on the 2 June due to the bank holiday). Feed wheat into East Anglia (Nov-22 delivery) was quoted at £302.50/t on Thursday, down £19.00/t from two weeks before. Bread wheat prices into the North West (Nov-22), were quoted at £368.00/t, down £21.00/t over the same period. [ATTACH type="full" alt="1655127351390.png"]1042501[/ATTACH] [B][U]Rapeseed focus[/U][/B] Paris rapeseed futures (Nov-22) closed Friday at €783.75/t, up €13.00/t across the week. Delivered rapeseed (Into Erith, Hvst-22) were quoted at €655.50/t on Friday, with no comparison on weekly movements. Nov-22 and Feb-23 were quoted at €663.00/t and €666.00/t, respectively. The latest data released from ABARES shows that every Australian state will increase in canola area for 2022/23. However, production is estimated to be 5.6Mt, down from 2021/22 bumper crop of 6.5Mt. Read the full AHDB Cereals and Oilseeds weekly market report here -[URL]https://ahdb.org.uk/news/arable-market-report-13-june-2022[/URL] Subscribe to receive Market Report direct into your e-mail inbox here - [URL]https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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