OLD crop wheat prices have fallen further towards new crop. The first wheats have been cut further south, so this decline is set to continue. New crop prices have not really moved as we are near support levels, but there are no signs of significant export business.
Oilseed prices have fallen again as harvest is going well across Europe with reasonable yields pressuring prices in the harvest positions.
Thursday's prices
Grainfarmers, Thorp Arch. - Wheat (new crop): Aug ££61; Sept £62; Oct £63. Barley: Aug £58; Sept £59; Oct £60. Oilseed rape: Aug £130; Sept £131; Oct £132.
GrainCo, Tyne Dock. - Wheat (new crop): Aug £60; Sept £63; Oct £65. Barley: Aug £57; Sept £59; Oct £62. Oilseed rape: Aug £131; Sept £135; Oct £140
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