by Robin Twizell
RMD Agriculture
FEED wheat prices have fallen, following lower US markets and plenty of supply on the international market with what seems to be few buyers. The avian flu situation is also forcing prices, down with some concern that it may have an impact on the pig herd in Asia.
Oilseed prices have also tended to be lower, following lower US markets. All markets are, however, very volatile as supply and demand seem to be fairly well matched. Rumours of China buying soya oil or cancelling cargoes have a dramatic effect on sentiment.
Thursday's prices
Grainfarmers, Thorp Arch. - Wheat: Feb £101; Mar £102; April £103. Barley: Feb £89; Mar £90; April £91. Oilseed rape: Feb £177; Mar £178; Apr £179.
GrainCo, Tyne Dock. - Wheat: Feb £101; Mar £102; April £103.
Barley: Feb £91; Mar £92; April £93. Oilseed rape: Feb £176; Mar £177.
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