by Robin Twizell
RMD Agriculture
WHEAT prices have remained unchanged over the new year. The introduction of the import quotas has had no effect as buyers have plenty of wheat in store.
Intervention values have improved with weaker sterling. This could eventually have an effect on barley prices but ex-farm values will remain nervous as the final price paid to intervention depends on the value of sterling when the grain is delivered.
Oilseed prices have fallen back a little in some areas but the general supply situation is still tight. The US issues a supply and demand report on Friday which could move the market either way.
Thursday's prices
Kenneth Wilson, Thorpe Arch. - Wheat: Jan £58.50; Feb £59; Mar £60. Barley: Jan £59; Feb £60; Mar £61. Oilseed rape: Jan £176; Feb £177; Mar £178.
GrainCo, Tyne Dock. - Wheat: Jan £59; Feb £59.50; Mar £60. Barley: Jan £61; Feb £62; Mar £63. Oilseed rape: Jan £173; Feb £174; Mar £175.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article