Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Arable Farming
Arable Market Commentary
AHDB weekly market report
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 8368294" data-attributes="member: 142623"><p>Monday 03 October 2022</p><p></p><p>[ATTACH=full]1067398[/ATTACH]</p><p></p><h3>UK focus</h3><p>UK grain market followed the global market up across the week. UK feed wheat futures (Nov-22) closed Friday at £291.15/t, gaining £6.95/t across the week.</p><p></p><p><a href="https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices" target="_blank">UK delivered prices</a> followed futures contract movement Thursday to Thursday (+£5.35/t). On Thursday, feed wheat delivered into East Anglia (October-22 delivery) was quoted at £285.00/t. February-23 delivered into the same location was quoted at £290.50/t, up £6.00/t across the week.</p><p>Bread wheat delivered into the North West (October delivery) was quoted on Thursday at £351.50/t.</p><p>Feed barley delivered into East Anglia (October-22) delivery was quoted at £255.00/t, gaining £6.50/t across the week.</p><p></p><p>Last week, the <a href="https://ahdb.org.uk/news/pound-sterling-remains-weak-how-does-this-impact-markets-grain-market-daily" target="_blank">sterling reached a low on Monday (26 Sep) against the US dollar and euro</a>, following the UK’s biggest tax cut for 50 years on top of the mini-budget. Though, the sterling gained back some strength against both the US dollar (+2.8%) and euro (+1.7%) across the week, to close Friday at £1 = $1.116, €1.139.</p><p></p><p>The end of season (2021/22) UK cereal supply and demand estimate was released on Thursday. Wheat carry-in stocks for the 2022/23 season are forecast at a relatively comfortable 1.846Mt, which is in line with the previous five-year average. However, barley 2022/23 opening stocks are estimated at a 10 year low, <a href="https://ahdb.org.uk/news/analyst-insight-uk-cereals-s-d-past-present-and-future" target="_blank">read more on this analysis here</a>.</p><p></p><p>In order for Defra and the Fertiliser Industry Taskforce to better understand the fertiliser use of farmers in 2022, and what is likely to be used and imported for the 2023 harvest, AHDB have created a short informal survey to gather information. If you are willing to take part, <a href="https://forms.office.com/Pages/ResponsePage.aspx?id=S-UsoT09RkOV7_8Tyl3UfZWAGQi9iWdGpfF-JxJWVIJUQklBWjJHOFBHOFRFTUs4UkY2SlhCUEVWOC4u" target="_blank">please follow this link</a>.</p><p></p><p>[ATTACH=full]1067399[/ATTACH]</p><p></p><h3>Rapeseed focus</h3><p>After initial pressure at the start of the week due to global economic recessionary concerns, Paris rapeseed futures (Nov-22) climbed to €633.00/t on Friday, up €26.25/t Friday to Friday.</p><p></p><p>Rapeseed felt support from Canadian markets due to slow farmer selling and worries of lower yields. </p><p>Domestic prices tracked global futures markets as delivered rapeseed into Erith (Nov-22) was quoted at £550.50/t, up £28.50/t week-on-week.</p><p></p><p>Stratégie Grains have increased their 2023/24 EU rapeseed acreage forecast to 5.95Mha, up 2.52% compared to the current marketing year. EU rapeseed production was also revised up 310Kt compared to August’s forecast, totalling 19.46Mt (2.46Mt more than in 2021/22).</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-03-october-2022" target="_blank">https://ahdb.org.uk/news/arable-market-report-03-october-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: 8368294, member: 142623"] Monday 03 October 2022 [ATTACH type="full"]1067398[/ATTACH] [HEADING=2]UK focus[/HEADING] UK grain market followed the global market up across the week. UK feed wheat futures (Nov-22) closed Friday at £291.15/t, gaining £6.95/t across the week. [URL='https://ahdb.org.uk/cereals-oilseeds/uk-delivered-prices']UK delivered prices[/URL] followed futures contract movement Thursday to Thursday (+£5.35/t). On Thursday, feed wheat delivered into East Anglia (October-22 delivery) was quoted at £285.00/t. February-23 delivered into the same location was quoted at £290.50/t, up £6.00/t across the week. Bread wheat delivered into the North West (October delivery) was quoted on Thursday at £351.50/t. Feed barley delivered into East Anglia (October-22) delivery was quoted at £255.00/t, gaining £6.50/t across the week. Last week, the [URL='https://ahdb.org.uk/news/pound-sterling-remains-weak-how-does-this-impact-markets-grain-market-daily']sterling reached a low on Monday (26 Sep) against the US dollar and euro[/URL], following the UK’s biggest tax cut for 50 years on top of the mini-budget. Though, the sterling gained back some strength against both the US dollar (+2.8%) and euro (+1.7%) across the week, to close Friday at £1 = $1.116, €1.139. The end of season (2021/22) UK cereal supply and demand estimate was released on Thursday. Wheat carry-in stocks for the 2022/23 season are forecast at a relatively comfortable 1.846Mt, which is in line with the previous five-year average. However, barley 2022/23 opening stocks are estimated at a 10 year low, [URL='https://ahdb.org.uk/news/analyst-insight-uk-cereals-s-d-past-present-and-future']read more on this analysis here[/URL]. In order for Defra and the Fertiliser Industry Taskforce to better understand the fertiliser use of farmers in 2022, and what is likely to be used and imported for the 2023 harvest, AHDB have created a short informal survey to gather information. If you are willing to take part, [URL='https://forms.office.com/Pages/ResponsePage.aspx?id=S-UsoT09RkOV7_8Tyl3UfZWAGQi9iWdGpfF-JxJWVIJUQklBWjJHOFBHOFRFTUs4UkY2SlhCUEVWOC4u']please follow this link[/URL]. [ATTACH type="full"]1067399[/ATTACH] [HEADING=2]Rapeseed focus[/HEADING] After initial pressure at the start of the week due to global economic recessionary concerns, Paris rapeseed futures (Nov-22) climbed to €633.00/t on Friday, up €26.25/t Friday to Friday. Rapeseed felt support from Canadian markets due to slow farmer selling and worries of lower yields. Domestic prices tracked global futures markets as delivered rapeseed into Erith (Nov-22) was quoted at £550.50/t, up £28.50/t week-on-week. Stratégie Grains have increased their 2023/24 EU rapeseed acreage forecast to 5.95Mha, up 2.52% compared to the current marketing year. EU rapeseed production was also revised up 310Kt compared to August’s forecast, totalling 19.46Mt (2.46Mt more than in 2021/22). Read the full AHDB Cereals and Oilseeds weekly market report here - [URL]https://ahdb.org.uk/news/arable-market-report-03-october-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]
Insert quotes…
Verification
Post reply
Forums
Arable Farming
Arable Market Commentary
AHDB weekly market report
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top