Grain report
by Robin Twizell
RMD Agriculture
WHEAT prices have fallen back a little despite news that UK wheat has been sold to Morocco. This sale is now assumed to be biscuit wheat so does not indicate additional sales for feed wheat.
Oilseed markets have fallen following falls in US which have mainly been put down to profit taking as the fundamentals remain that oilseed markets are finely balanced.
Thursday's prices.
Kenneth Wilson, Thorpe Arch. - Wheat: Dec £57; Jan £58; Feb £59. Barley: Dec £58; Jan £59; Feb £60. Oilseed rape: Dec £173; Jan £174; Feb £175.
GrainCo, Tyne Dock. - Wheat: Dec £59; Jan £59; Feb £59.50. Barley: Dec £60; Jan £61; Feb £62. Oilseed rape: Dec £170; Jan £171; Feb £173
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