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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8255475" data-attributes="member: 142623"><p>Monday 25 July 2022</p><p></p><p>[ATTACH=full]1051931[/ATTACH]</p><p></p><p><strong><u>UK grain markets</u></strong></p><p></p><p>On Friday, UK feed wheat futures (Nov-22) closed at £255.25/t, down £2.65/t from the previous Friday. Despite support earlier in the week considering strong EU demand and hot EU weather, Friday saw prices drop £16.75/t due to the Ukrainian export corridor. Though prices rally higher this morning on concerns of conflict at port.</p><p></p><p>The Nov-23 contract closed on Friday at £229.15/t, down £2.85/t on the week.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">Domestic delivered prices</a> followed futures price movement to Thursday. Feed wheat delivered into East Anglia for November was quoted at £266.50/t on Thursday, up £2.00/t week on week.</p><p></p><p>Bread wheat delivered into Northamptonshire for harvest delivery was quoted at £310.50/t as at Thursday.</p><p></p><p>The first <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">GB harvest report</a> was released on Friday, showing that dry weather has allowed farmers to make a good start to the winter barley and winter oilseed rape harvest in Southern and Eastern regions of England. In data up to 19 July, winter barley harvest progress has been exceptionally rapid with 69% of the English, Welsh and Scottish harvest already complete. Though combine and crops fire remain a problem. <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">For the full report, follow this link</a>.</p><p><strong> [ATTACH=full]1051932[/ATTACH]</strong></p><p><strong></strong></p><p><strong><u>Rapeseed focus </u></strong></p><p></p><p>Paris rapeseed futures (Nov-22) closed at €637.50/t on Friday, down €42.50/t across the week. The news that an export deal was to be signed between the UN, Russia, Ukraine, and Turkey saw prices lose support over the week, with hopes that shipments of rapeseed out of the black sea region will begin in due course. </p><p></p><p>The favourable weather forecasted over North America boosting the soyabean outlook also added some pressure on rapeseed futures. Canadian canola crop conditions also look improved after suffering from heat and humidity earlier on in the season.</p><p></p><p>UK rapeseed harvest is underway with 28% of the GB WOSR area estimated to have been harvested by 19 July. This is slightly ahead of recent years, where typically 4-15% is complete by the end of week 2. For more information see last week’s <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">harvest progress report.</a></p><p></p><p>Last Friday we were unable to publish delivered oilseed prices due to insufficient quotes to calculate the published average. </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-25-july-2022" target="_blank">https://ahdb.org.uk/news/arable-market-report-25-july-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: 8255475, member: 142623"] Monday 25 July 2022 [ATTACH type="full"]1051931[/ATTACH] [B][U]UK grain markets[/U][/B] On Friday, UK feed wheat futures (Nov-22) closed at £255.25/t, down £2.65/t from the previous Friday. Despite support earlier in the week considering strong EU demand and hot EU weather, Friday saw prices drop £16.75/t due to the Ukrainian export corridor. Though prices rally higher this morning on concerns of conflict at port. The Nov-23 contract closed on Friday at £229.15/t, down £2.85/t on the week. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']Domestic delivered prices[/URL] followed futures price movement to Thursday. Feed wheat delivered into East Anglia for November was quoted at £266.50/t on Thursday, up £2.00/t week on week. Bread wheat delivered into Northamptonshire for harvest delivery was quoted at £310.50/t as at Thursday. The first [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']GB harvest report[/URL] was released on Friday, showing that dry weather has allowed farmers to make a good start to the winter barley and winter oilseed rape harvest in Southern and Eastern regions of England. In data up to 19 July, winter barley harvest progress has been exceptionally rapid with 69% of the English, Welsh and Scottish harvest already complete. Though combine and crops fire remain a problem. [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']For the full report, follow this link[/URL]. [B] [ATTACH type="full"]1051932[/ATTACH] [U]Rapeseed focus [/U][/B] Paris rapeseed futures (Nov-22) closed at €637.50/t on Friday, down €42.50/t across the week. The news that an export deal was to be signed between the UN, Russia, Ukraine, and Turkey saw prices lose support over the week, with hopes that shipments of rapeseed out of the black sea region will begin in due course. The favourable weather forecasted over North America boosting the soyabean outlook also added some pressure on rapeseed futures. Canadian canola crop conditions also look improved after suffering from heat and humidity earlier on in the season. UK rapeseed harvest is underway with 28% of the GB WOSR area estimated to have been harvested by 19 July. This is slightly ahead of recent years, where typically 4-15% is complete by the end of week 2. For more information see last week’s [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']harvest progress report.[/URL] Last Friday we were unable to publish delivered oilseed prices due to insufficient quotes to calculate the published average. Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/arable-market-report-25-july-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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