Agriculture market prices and trends

Markets

MEAT MARKETS AND PRICES

Cheap imports drive biggest pig price fall for eight weeks

Pig prices have continued to decline as cheaper imports from the continent put pressure on the competitiveness of UK pork. Low-cost pork from Denmark, Holland and Belgium has been appealing…

CROPS MARKETS AND PRICES

Oilseed rape trade likely to peak by end of the year

Oilseed rape producers should consider marketing a significant proportion of their 2018 crop before the end of the year to capture the highest prices, a trader has advised. Average ex-farm…

NEWS

Survey: Farmers hopeful despite longer term uncertainty

More than three-quarters (76%) of farmers feel fairly or very optimistic about their business prospects in the next six months – despite the obvious challenges caused by a lack of…

TAKING STOCK

Muslim festival lifts demand for older lambs

Lamb prices were stoked by 10-15p/kg this week as some producers saw lambs fitting Qurbani specification make more than £2/kg. A somewhat disappointing July lamb trade has been improved by…

DAIRY MARKETS AND PRICES

Drought impact a major concern for winter milk production

Rising feed costs and concentrate usage as a result of the third driest summer on record will have a severe impact on milk production volumes come October, says AHDB Dairy.…

BUSINESS

AHDB campaign draws millennials back to dairy

A £1.2m consumer campaign aimed at reminding the public of its love for dairy found that 11% of 26-41-year-olds were less likely to replace dairy products with alternatives – well…

Future prices

Updated every 15 minutes
London feed wheat
Month Price Changeinprice
Nov '18 189.00 -2.00
Jan '19 191.00 -
Mar '19 193.80 -
May '19 193.70 -1.70
Jul '19 187.60 -
Nov '19 171.65 -1.40
Jan '20 173.85 -
Mar '20 175.05 -
May '20 175.65 -
Nov '20 167.80 -1.45
Paris milling wheat
Month Price Changeinprice
Sep '18 211.50 -1.25
Dec '18 214.75 -1.75
Mar '19 215.75 -1.75
May '19 216.50 -1.75
Sep '19 197.00 -2.25
Dec '19 199.00 -1.75
Mar '20 200.50 -2.00
May '20 200.75 -
Sep '20 193.50 -1.50
Dec '20 195.00 -
Paris rapeseed
Month Price Changeinprice
Nov '18 383.75 0.75
Feb '19 382.25 0.75
May '19 382.50 0.25
Aug '19 366.75 -
Nov '19 370.50 0.50
Feb '20 373.50 1.50
May '20 371.75 -
Aug '20 372.25 -
Nov '20 372.25 -
Feb '21 372.25 -
Cbot soybeans
Month Price Changeinprice
Sep '18 881.40 -4'0
Nov '18 892.60 -4'2
Jan '19 905.00 -4'2
Mar '19 915.40 -4'2
May '19 926.00 -4'4
Jul '19 934.60 -5'0
Aug '19 936.20 -5'0
Sep '19 931.20 -5'0
Nov '19 928.40 -5'4
Jan '20 936.40 -5'0
Cbot corn
Month Price Changeinprice
Sep '18 364.20 -1'0
Dec '18 378.60 -1'0
Mar '19 390.60 -0'6
May '19 397.60 -0'6
Jul '19 403.40 -0'6
Sep '19 401.60 -1'4
Dec '19 404.40 -1'2
Mar '20 414.60 -1'0
May '20 420.20 -1'0
Jul '20 424.20 -0'6

Spot and forward prices

Local, spot & forward prices (£/t) ex-farm - Updated every Wednesday and Friday
Grains, oilseeds and pulses
Month Milling Wheat Feed Wheat Feed Barley Oilseed Rape Micronising Peas Feed Peas Beans
August 183.10 1.60 169.85 6.68 153.31 10.23 299.38 0.38 195.00 4.00 175.00 12.00 180.00 12.00
October 186.45 - 174.08 - 159.75 - 306.23 - 202.00 - 182.00 - 187.00 -
September 184.64 1.64 172.31 - 157.08 - 303.23 - 200.00 - 180.00 - 185.00 -

Deadweight prices

Average prices in p/KG/dw for Great Britain - updated every Wednesday
All steers
Form 3 4L 4H
-U 366.40 368.90 364.40
R 363.20 372.20 377.80
O+ 354.50 360.90 359.50
-O 322.70 329.40 344.40
All heifers
Form 3 4L 4H
-U 371.90 371.90 365.30
R 362.20 367.20 367.70
O+ 349.70 358.30 358.60
-O 314.70 330.60 344.60
All young bulls
Form 3 4L 4H
-U 352.40 351.90 343.80
R 347.80 347.10 343.40
O+ 327.80 330.40 323.40
-O 299.20 300.00 300.00

Individual livestock markets

Reports for individual finished auction markets to include average prices for prime cattle, cull cows and prime sheep can be found here. Prices from individual markets are posted here as they are received from the auction markets at the close of sale.

Global grain insight

Mid July 2018

Red = WARNING: Prices likely to be forced lower as a result

Amber = CAUTION: Could affect prices in the future - watch this space

Green = UPWARD MOVEMENT: Prices likely to be forced higher as a result

Source:
Information supplied by Cofco International UK – the new name for Nidera UK uniting the former Nidera and Noble Agri names worldwide. Cofco International employs more than 13,000 people worldwide in 35 countries and last year delivered more than 100 million tonnes of products.