17 January 1996

Record trade: 285,000t by Viking Cereals

VIKING Cereals, the Lincs- and Yorks-based grain co-operative, has continued to expand, trading a record tonnage from an increased number of members this season.

The group now has about 285,000t of combineable crops committed to its short and long pools, including over 250,000t of cereals. This is about a 14% growth on last season.

Chairman Oscar Spencer said group members should benefit from the high proportion of grain sold forward, before this seasons price collapse. "We thought wed sold about 75% of our grain by September, though the harvest kept coming and it turned out to be 68%." Over 100,000t had been exported by Christmas, much of it going to Spain and Germany.

The co-ops long pool would pay members over £100/t, he said. "And those in the short pool will wish theyd put more of their grain there," he added.

Northern manager, Shaun Brown at Vikings Barmby Moor site.