Oilseed rape in bloom© WestEnd61/REX/Shutterstock
Oilseed rape prices tumbled in the week to 21 June, falling £9.60/t on the previous week, to average £312.50/t ex-farm for spot delivery. However, prices remained £58/t higher than the same week last year. This decline was largely due to crude oil prices dropping to US$45 (£36) a barrel – pressurising global oilseed markets, said grain traders. In European markets, Oil World has increased its 2017-18 EU rapeseed production forecast by 0.4m tonnes on its previous estimate, to 21.4m tonnes. […]
This article is for registered users.
To continue reading register for free...
Register for free with Farmers Weekly

Register for free to read this article, and for access to:

  • Exclusive news
  • Insight and opinion
  • Market and farming trends
Register

Already registered? Sign in.

...or to get unlimited access to FWI.co.uk