by Robin Twizell

RMD Agriculture

CEREAL prices have continued to improve for both old and new crop - old crop on slow supply from farms and new crop following the currency markets. Projected supply of world wheat is beginning to stabilise and there is some concern that we might return to plenty of sellers, as against just Baltic states being the price-setter.

Oilseed rape prices have remained unchanged, with currency countering lower US markets.

Thursday's prices

Kenneth Wilson, Thorpe Arch. - Wheat: May £74; June £75. Barley: May £67; June £68. Oilseed rape: May £173; June £174.

GrainCo, Tyne Dock. - Wheat: May £76; June £77; July £78. Barley: May £70; June £70; July £61. Oilseed rape: May £172; June £173; July £148.