⁕Oilseed rape prices regained some ground in the weekto 1 June, rising almost £6/t as sterling weakened against the dollar and the euro. Spot ex-farm prices ranged from £2G8/tto £2?8/t, depending on location, and averaged £2?2.?/t.
New crop prices for July hovered between £260/t and £2?0/t with very few farmers selling forward according to grain traders.
Spot feed wheat prices fell back again during the week, falling £1.20/t to average £103.50/t ex-farm. This was despite rains across Northern Europe causing some disease concerns, said a report by CRM market analyst.
The maize market was likely to continue to provide a floor to global and UK wheat values, according to a report by AHDB Cereals and Oilseeds. “Early forecasts show that the current disparity between global wheat and maize supply and demand is likely to continue into next season, if not widen.” It also highlighted that there could be further revisions to the size of the Argentine and Brazil maize crops as harvest was not completed.
The majority of the UK winter cereal crop was in good condition at the end of April, said the report. Despite delays to spring pesticide applications, crop development was relatively normal.
GRAIN, OILSEEDS & PULSES
DELIVERED GRAIN PRICES
as at Thursday, 26 May 2016 [£/tonne]
FUTURES
POTATOES
AHDB GB weekly average comparison (£ per tonne) 2015 crop
Source:AHDB
Higher numbers may dent cattle trade
⁕ Cattle prices rose slightly in the week to 28 May, with the R4L deadweight price rising 2.0p/kgto average 330.2p/kg. However, this was still well below levels in the same week last year where the average was 339.8p/kg.
Short term, the supply and demand balance continued to give a welcome impetus to the market, said a report by AHDB Beef and Lamb. Despite prices continuing upward the report warned producers to remain cautious. “The trade could well feel the impact of increased availability.”
Forecasts by AHDB Beef and Lamb suggested there was likely to be increased prime cattle availability in 201G. “In April, with the exception of dairy males, all categories of cattle aged between 12-24 months had higher numbers on the ground compared to April 2015, up 86,400 head,” said the report.
Liveweight cattle prices were variable in the week to 31 May, with the finished steer price rising 0.3p/kgto average 175.Bp/kg, while heifer prices fell 27p/kgto average 184.8p/kg. Young bulls also followed a downward trend losing l.lp/kgto average 160.3p/kg. This was despite overall throughputs falling 28% on the previous week to 3,240 head.
SLAUGHTERING
Source: AHDB
CATTLE DEADWEIGHT
Week ended Saturday, 28 May 2016
Source: AHDB
LAMB DEADWEIGHT
Weekended Saturday, 21 May 2016
Source: AHDB
GB PIGS DEADWEIGHT
spp [Standard Pig Price) & APP (All Pig Price]
Source: AHDB
CATTLE AUCTIONS
Source: AHDB/LAA/IAAS
Ringside at
Dingwall mart, Ross-shire An entry of eight prime bullocks sold to 210p/kg for a Limousin cross and averaged 196.4p/kg on Tuesday (31 May).
Top gross price went to a Limousin cross at £1,334.50.
Prime heifers sold to 209p/kg and £1,274.90 gross for a Limousin cross and averaged 199.6p/kg across an entry of 11.
An entry of 99 old season lambs averaged 170.9/kg overall, while top price of 189.?p/kg went to a pen of 39kg Charollais crosses, and the highest gross price of £85.50 a head went to Texel crosses.
New season lambs averaged 182.?p/kg across an entry of seven, peaking at 191.2p/kg for a pen of Texel crosses, while top gross price also went to Texel crosses, at £90 a head.
EU REFERENCE PRICES
Souce: EU Commission
WEANERS
Source:AHDB
SOWS
Source:AHDB/LAA
AUCTION PIGS
SHEEP AUCTIONS
Source:AHDB/LAA/IAAS
EWES
