by Robin Twizell
RMD Agriculture
WHEAT prices have remained steady in the nearby positions as shippers look to cover recent sales. There is, however, very little carry in the market as the surplus is still there to come to market. Last week's export subsidies were about 15 euros a tonne for wheat, which shows the weakness in world markets.
Oilseed values have more or less remained unchanged on old crop as crush margins remain low.
New crop values have improved a little following concern about disease in South America.
Thursday's prices
Kenneth Wilson, Thorpe Arch. - Wheat: Feb £60; Mar £61; April £61.50. Barley: Feb £62; Mar £62.50; Apr £62.50. Oilseed rape: Feb £177; Mar £178; April £179.
GrainCo, Tyne Dock. - Wheat: Feb £61; Mar £61.50; April £62. Barley: Feb £62.50; Mar £63.50; April no price. Oilseed rape: Feb £176; Mar £177; April £178
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