With Christmas nearing rapidly there isn’t a great deal of cheer with grain prices, which are largely where they closed last week.
The latest AHDB Grain Market Report shows UK feed wheat futures (May-25) at £189.90/t and the Nov-25 contract standing at £191.65/t.
The fall of the Assad regime has added to global tensions and markets are unsettled suggests senior AHDB analyst Helen Plant. There’s also downward pressure as the US dollar continues to strengthen against various currencies and positive reports from Argentina and Australia on harvest results. Helen doesn’t expect great market support in the near future.
Rapeseed prices slipped on the back of the strength of the US dollar, favourable crop reports from South America and falling soya bean prices, partly impacted by lower Chinese purchases. May-25 Paris rapeseed futures slipped to €506.75/t, the Aug-25 contract down at €469.00/t.
