Combining oilseed rape near Chelmsford, Essex. Photo by Guy Dibble.Combining oilseed rape near Chelmsford, Essex. Photo by Guy Dibble.
Spot oilseed rape prices fell by £2.70/t in the week to 31 August, to average £308.80/t ex-farm, as expectations of a record US soya bean output weighed on the market. The latest US Department of Agriculture crop report confirmed that high yields should lead to a record crop of 110.5m tonnes in 2016-17, with 73% of the crop in good to excellent condition. This weighed on oilseed prices, essentially capping any price gains that could have been seen in the […]
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