by Robin Twizell

RMD Agriculture.

OLD crop wheat prices have generally continued their slow drift to new crop prices. The biggest problem is that new crop prices do not seem to like the approach, so have also moved a little lower. There is, however, very little trade at current levels. The approach at the moment seems to be to let the Ukraine get on with it, they cannot supply the whole world with wheat.

Oilseed markets remained unchanged, with buyers looking at better supply figures but sellers pointing to biodiesel taking up the additional rape production.

Thursday's prices

Grainfarmers, Thorp Arch. - Wheat: July £73; Aug £62; Sept £63. Barley: July £62; Aug £58; Sept £59. Oilseed rape: July £145; Aug £145; Sept £147.

GrainCo, Tyne Dock. - Wheat: July £75; Aug £60; Sept £61. Barley: July £67; Aug £57; Sept £59. Oilseed rape: Aug £147; Sept £150.