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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8197289" data-attributes="member: 142623"><p>Monday 20th June 2022</p><p>[ATTACH=full]1044029[/ATTACH]</p><p></p><p><strong><u>UK grain markets</u></strong></p><p></p><p>Domestic markets softened on Friday but were up on the week due to gains Monday to Thursday. Nov-22 futures closed Friday at £308.00/t, up £2.00/t on the previous Friday. The May-23 contract tracked this trend, up £3.50/t on the week, closing at £314.75/t over the same period.</p><p></p><p>Physical prices also recorded a gain on the week. Feed wheat for harvest delivery into East Anglia was quoted at £306.50/t as at Thursday, up £8.00/t on the week. Bread wheat prices into the North West observed the same trend, with November delivery prices up £9.00/t on the week, being offered on Thursday at £377.00/t.</p><p></p><p>The latest UK trade data up to April,<a href="https://ahdb.org.uk/news/uk-grain-trade-domestic-wheat-balance-easing-but-barley-tight-grain-market-daily" target="_blank"> released last week, showed the impacts changes in trade dynamic since the Ukraine war are having on UK grain trade</a>. The data pointed to increased wheat imports, maize imports and barley exports.</p><p></p><p>[ATTACH=full]1044030[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p></p><p>Paris rapeseed futures (Nov-22) closed at €760.25/t on Friday, down €23.50/t from the previous week.</p><p></p><p>Domestic prices didn’t follow the continental trend but saw little change. Delivered rapeseed (into Erith, Hvst-22) were quoted at £656.50/t, up £1.00/t from the previous week. Nov-22 and Feb-23 were quoted at £663.50/t and £665.50/t respectively. The softening of sterling against the Euro last week, closing at £1 = €1.1696 on Friday, helped to shield some of the pressure seen on European futures. </p><p></p><p>Read the full AHDB Cereals and Oilseeds weekly market report here - <a href="https://ahdb.org.uk/news/market-report-20-june-2022" target="_blank">https://ahdb.org.uk/news/market-report-20-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: 8197289, member: 142623"] Monday 20th June 2022 [ATTACH type="full"]1044029[/ATTACH] [B][U]UK grain markets[/U][/B] Domestic markets softened on Friday but were up on the week due to gains Monday to Thursday. Nov-22 futures closed Friday at £308.00/t, up £2.00/t on the previous Friday. The May-23 contract tracked this trend, up £3.50/t on the week, closing at £314.75/t over the same period. Physical prices also recorded a gain on the week. Feed wheat for harvest delivery into East Anglia was quoted at £306.50/t as at Thursday, up £8.00/t on the week. Bread wheat prices into the North West observed the same trend, with November delivery prices up £9.00/t on the week, being offered on Thursday at £377.00/t. The latest UK trade data up to April,[URL='https://ahdb.org.uk/news/uk-grain-trade-domestic-wheat-balance-easing-but-barley-tight-grain-market-daily'] released last week, showed the impacts changes in trade dynamic since the Ukraine war are having on UK grain trade[/URL]. The data pointed to increased wheat imports, maize imports and barley exports. [ATTACH type="full"]1044030[/ATTACH] [B][U]Rapeseed focus[/U][/B] Paris rapeseed futures (Nov-22) closed at €760.25/t on Friday, down €23.50/t from the previous week. Domestic prices didn’t follow the continental trend but saw little change. Delivered rapeseed (into Erith, Hvst-22) were quoted at £656.50/t, up £1.00/t from the previous week. Nov-22 and Feb-23 were quoted at £663.50/t and £665.50/t respectively. The softening of sterling against the Euro last week, closing at £1 = €1.1696 on Friday, helped to shield some of the pressure seen on European futures. Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/market-report-20-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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