by Robin Twizell
RMD Agriculture.
WHEAT prices have remained steady as shippers are still looking to cover recent sales. This has forced one or two compounders back into the market as well.
Oilseed rape prices have fallen back as it would now appear that there is adequate supply around. The balance sheet is still rather tight but the fall has brought a little rapeseed to market which was not thought to be there. As someone said, it may be £10 off the top, but it is also £30 above the bottom.
Thursday's prices
Kenneth Wilson, Thorpe Arch.- Wheat: Feb £62; Mar £62.50; April £63. Barley: Feb £62; Mar £62.50; April £63. Oilseed rape: Feb £170; Mar £171; April £172.
GrainCo, Tyne Dock.- Wheat: Feb £62.50; Mar £63; April £63.50. Barley: Feb £63.50; Mar £64; April: not available. Oilseed rape: Feb £171; Mar £172; April £173
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