Delivered cereal prices closed on Friday unchanged on the previous week, across most regions and delivery months.
Traders reported another very quiet week for grain markets with little fresh information to lead prices away from their present values.
The old-crop campaign is drawing to a close as consumers have bought most of their pre-harvest requirements, farmers have sold virtually all their grain and little fresh export business is being witnessed.
Prices have duly weakened in the last few weeks as harvest pressure increases.
New-crop wheat prices were slightly more volatile, following swings in currency markets and latest sentiment on the US cereal harvest.
UK delivered new-crop prices could be relatively volatile over the coming weeks while the quality of the US, French and UK crops are made clearer.
UK export markets remained quiet last week, with little trade reported. Traders noted that prices are unchanged despite Sterling slipping slightly against the Euro.
With no new market factors, including farm supply remaining slow and foreign demand lacklustre, prices failed to move.
Traders noted that some earlier Iberian purchasers of barley had sold cargoes back to the UK, as prices there eased as the big harvest continues.
1 = 62.81p, 1 = 1.5921 at time of writing.
