by Robin Twizell
RMD (Agriculture)
OLD crop wheat prices have fallen back again as most end users have bought what they wanted. New crop prices have, however, remained in a very narrow trading range in the region of £62 ex-farm for November wheat.
Oilseed values have improved a little after their falls of last week. Some of this improvement is because the demand for oilseeds for bio-diesel could mean that industrial rape on set-aside may not meet demand and so commercial rape will have to be used.
Thursday's prices
Kenneth Wilson, Thorpe Arch. - Wheat: June £61; July £62; Aug £56.50. Barley: June £57; July and Aug £54. Oilseed rape: June, July and Aug £134.
GrainCo, Tyne Dock. - Wheat: July £63; Aug £56.50. Barley: July £57; Aug £55. Oilseed rape: Aug £134
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