Oilseed rape
Rapeseed prices rose by £2/t-£4/t over the week to Friday (4 August), on global weather news and higher forecasts for Chinese and Indian vegetable oil consumption. This put spot seed in a range between £295/t ex-farm in North East Scotland and £312/t ex-farm in Essex and Hertfordshire. Prospects for the US soya bean crop have been driving much of the movement in rapeseed prices, with US crop conditions falling and crops in Canada and Australia also affected by dry weather. […]
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