by Robin Twizell

RMD Agriculture

FEED wheat values have remained unchanged despite slightly weaker markets elsewhere in the UK. This is because of a reasonable but limited demand for wheat in the nearby positions.The export market is still well below our current values so, if any significant volume comes to the market, it may have difficulty being absorbed. American markets have, however, improved on the back of sales of milling wheat to Egypt but this is different quality from our own.

Harvest 2003 prices have fallen about £2 on the back of expected large plantings across the world.

Oilseed markets have remained unchanged with no significant news from the US harvest.

Thursday's prices

Kenneth Wilson, Thorpe Arch. - Wheat: Oct £58; Nov £59; Dec £60. Barley: Oct £59; Nov £60; Dec £61. Oilseed rape: Oct £150; Nov £151; Dec 152.

GrainCo, Tyne Dock. - Wheat: Oct £58; Nov £58; Dec £58.50; Barley: Oct £58; Nov £59; Dec £60. Oilseed rape: Oct £154; Nov £155; Dec £156