by Robin Twizell
RMD Agriculture
NEW crop cereal prices have remained unchanged but a little nervous as we are above US prices for wheat and their market is under a little pressure as harvest continues.
Oilseed prices have also been a little nervous as weather patterns are improving in the US, with a potentially large soya crop. Early rape yields in the EU have not been outstanding, so any weakness in soya is countered by lower rape yields.
Thursday's prices
Kenneth Wilson, Thorpe Arch. - Wheat: July £75; Aug £70; Sept £72. Barley: July £62; Aug 63; Sept £64. Oilseed rape: July no price; Aug £155; Sept £156.
GrainCo, Tyne Dock. - Wheat: July £75; Aug old crop £76, new crop £72; Sept £74. Barley: July £62; Aug £62; Sept £64. Oilseed rape: July £155; Aug £155; Sept £158.
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