Delivered and export prices – HGCA
Delivered feed and bread wheat prices both closed
higher last week whilst feed barley prices fell 50
pence per tonne.
Traders noted a reduced volume of farm grain being
made available to the market last week, which is
helping to support prices. The protracted nature of
harvest this season meant the traditional storage
squeeze at the end of harvest has been less severe.
Producers south York are currently occupied with
post harvest fieldwork and whilst feed wheat prices
remain in the very low 60s per tonne, are reluctant
sellers.
Bread wheat premiums have settled into a 14 -17
per tonne spread above feed wheat prices,
depending on location. This time last season the
same premium over feed was between 22 and 26.
1 = 61p, 1 = 1.63407 at time of writing.
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Taken from HGCA weekly MI Bulletin
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