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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8298380" data-attributes="member: 142623"><p>Monday 22 August 2022</p><p></p><p>[ATTACH=full]1058260[/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 £257.25/t, down £14.10/t from the previous week. The Nov-23 contract closed at £241.00/t, down £4.60/t Friday to Friday. UK futures tracked global markets as Ukrainian exports continued to put pressure on global futures prices, with 27 vessels in total having left Ukraine as of Saturday (20 Aug).</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 £250.00/t down £20.00/t on the week.</p><p></p><p>Bread wheat delivered into Northamptonshire for harvest delivery was quoted at £295.50/t, down £14.00/t Thursday to Thursday.</p><p></p><p>The <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">fourth GB harvest progress report</a> was released on Friday. In data up to 16 August, 89% of GB harvest 2022 was complete. This is well ahead of the 52% five-year average for harvest progress by this point in the season (week 6).</p><p></p><p>GB winter wheat harvest is estimated to be 92% complete, with the majority of crop left to be cut in the North East and Scotland. GB spring barley is estimated to be 73% complete and oat harvest 79% complete, with winter barley and winter oilseed rape both complete entirely. For more information, read the <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">full report here</a>.</p><p></p><p>[ATTACH=full]1058261[/ATTACH]</p><p></p><p><strong><u>Rapeseed focus</u></strong></p><p></p><p>Nov-22 Paris rapeseed futures dropped sharply over the week, closing at €601.50/t on Friday, down €54.75/t from Friday to Friday. The Nov-23 contract lost €42.50/t week on week, closing at €600.25/t on Friday. </p><p></p><p>The drop in prices over the week was largely driven by pressure from exports continuing to leave Ukraine. Rapeseed markets were also weighed on by downward movements in soyabean markets, as a result of improved US weather and lower Chinese demand prospects.</p><p></p><p>GB winter oilseed rape harvest was completed in week ending 16 August, with this year’s pace ahead of the five-year average, but in line with the 2018 progress, according to the latest AHDB <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">harvest progress report</a>. The GB average yield is 3.2-3.6t/ha with the highest yielding crops established well in autumn in moisture retentive soil and had minimal pest/disease damage. See Friday’s <a href="https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress" target="_blank">harvest report</a> for more information.</p><p></p><p>Friday’s <a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">delivered oilseed rape</a> prices for August delivery were quoted at £502.50/t for Erith and £500.00/t for East Anglia/London.</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-22-august-2022" target="_blank">https://ahdb.org.uk/news/arable-market-report-22-august-2022</a></p><p></p><p>Subscribe to receive Market Report direct 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: 8298380, member: 142623"] Monday 22 August 2022 [ATTACH type="full"]1058260[/ATTACH] [B][U]UK grain markets[/U][/B] On Friday, UK feed wheat futures (Nov-22) closed at £257.25/t, down £14.10/t from the previous week. The Nov-23 contract closed at £241.00/t, down £4.60/t Friday to Friday. UK futures tracked global markets as Ukrainian exports continued to put pressure on global futures prices, with 27 vessels in total having left Ukraine as of Saturday (20 Aug). [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 £250.00/t down £20.00/t on the week. Bread wheat delivered into Northamptonshire for harvest delivery was quoted at £295.50/t, down £14.00/t Thursday to Thursday. The [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']fourth GB harvest progress report[/URL] was released on Friday. In data up to 16 August, 89% of GB harvest 2022 was complete. This is well ahead of the 52% five-year average for harvest progress by this point in the season (week 6). GB winter wheat harvest is estimated to be 92% complete, with the majority of crop left to be cut in the North East and Scotland. GB spring barley is estimated to be 73% complete and oat harvest 79% complete, with winter barley and winter oilseed rape both complete entirely. For more information, read the [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']full report here[/URL]. [ATTACH type="full"]1058261[/ATTACH] [B][U]Rapeseed focus[/U][/B] Nov-22 Paris rapeseed futures dropped sharply over the week, closing at €601.50/t on Friday, down €54.75/t from Friday to Friday. The Nov-23 contract lost €42.50/t week on week, closing at €600.25/t on Friday. The drop in prices over the week was largely driven by pressure from exports continuing to leave Ukraine. Rapeseed markets were also weighed on by downward movements in soyabean markets, as a result of improved US weather and lower Chinese demand prospects. GB winter oilseed rape harvest was completed in week ending 16 August, with this year’s pace ahead of the five-year average, but in line with the 2018 progress, according to the latest AHDB [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']harvest progress report[/URL]. The GB average yield is 3.2-3.6t/ha with the highest yielding crops established well in autumn in moisture retentive soil and had minimal pest/disease damage. See Friday’s [URL='https://ahdb.org.uk/cereals-oilseeds/gb-harvest-progress']harvest report[/URL] for more information. Friday’s [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']delivered oilseed rape[/URL] prices for August delivery were quoted at £502.50/t for Erith and £500.00/t for East Anglia/London. Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/arable-market-report-22-august-2022[/URL] Subscribe to receive Market Report direct into your e-mail inbox here -[URL='https://ahdb.org.uk/keeping-in-touch'] https://ahdb.org.uk/keeping-in-touch[/URL] [/QUOTE]
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