by Robin Twizell

RMD Agriculture

DESPITE last week's announcement that Brussels is to allow export credits for up to 2m tonnes of wheat on to the world market, our market has not moved.

Most of these exports are expected to come from France, as we do not have biscuit wheat to export. We have feed wheat and, at the moment, maize is cheaper as a feed material.

Exports are, however, going well to other EU countries and it seems we will export our surplus by the end of the season.

Oilseed rape remains depressed as we still have a big surplus with no market at the current price.

Thursday's prices

Grainfarmers, Thorp Arch. - Wheat: Feb £64; Mar £65; Apr £66. Barley: Feb £68; Mar £69; Apr £70. Oilseed rape: Feb £126; Mar £127; Apr £128.

GrainCo, Tyne Dock. - Wheat: Feb £62.50; Mar £63; Apr £64. Barley: Feb £68; Mar £68; Apr £68. Oilseed rape: Feb £126; Mar £127; Apr £128