Tipping oilseed rape into a grain store © Tim Scrivener© Tim Scrivener
Oilseed rape prices continue to rise as global soya bean demand looks set to outstrip production this year and next. Harvest values rose by about £6/t to an average of more than £263/t ex-farm in the week to Wednesday (11 May), with November at about £10/t higher than harvest prices. Most of this rise followed the release of the US Department of Agriculture’s (USDA) first forecasts of global crop supply and demand for the next crop year. These predicted the […]
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