by Robin Twizell
RMD Agriculture
OLD crop wheat values have remained unchanged, or a little weaker, with most end-users seeming happy with their cover. New crop prices have also been unchanged as demand into southern EU states is likely to be strong this year, but Brussels is transferring intervention stocks to them as well as allowing free market wheat exports. Politics will rule the price yet again.
Oilseed prices are looking decidedly nervous as US soya markets have tumbled over the week with more conducive weather being forecast.
Thursday's prices
Grainfarmers, Thorp Arch. - Wheat: July £62; Aug £62.50; Sept £64. Barley: July £66; Aug £66; Sept £66. Oilseed rape: July £125; Aug £125; Sept £128.
GrainCo, Tyne Dock. - Wheat: July £62; Aug £62; Sept £64. Barley: no price available for July; Aug £65; Sepr £68. Oilseed rape: no price available for July; Aug £125; Sept £130.
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