UK latest trades/markets
The rapemeal market is a bit of a conundrum, with spot material tight, particularly in the north. May onwards however is a different kettle of fish with crushers & shippers keen to get sales on.
Erith rapemeal fixings were all over the place last week trading in a range of £180/190. Aug/Oct today quoted £156 (well below the last traded level of £158). Nov08/Apr09 offered at £162.50 having traded at £165.50 early last week.
Wheatfeed pellets continue to ease back with mills & dealers alike looking for buyers as wheat prices both sides of the pond continue to fall. Although spot is still relatively tight, as with rapemeal, May onwards is quite different with South East mills offered at £132 for straight May on it's own with Jun/Sep quoted at £129, and Oct08/Apr09 quoted at £133.
Spot Liverpool soya hulls offered £140, May08/Apr09 traded last week basis £144.
Spot Avon maize distillers grains available on resale £192.
Spot/May Liverpool PKs traded last week £136, seller over.
Erith rapemeal fixings were all over the place last week trading in a range of £180/190. Aug/Oct today quoted £156 (well below the last traded level of £158). Nov08/Apr09 offered at £162.50 having traded at £165.50 early last week.
Wheatfeed pellets continue to ease back with mills & dealers alike looking for buyers as wheat prices both sides of the pond continue to fall. Although spot is still relatively tight, as with rapemeal, May onwards is quite different with South East mills offered at £132 for straight May on it's own with Jun/Sep quoted at £129, and Oct08/Apr09 quoted at £133.
Spot Liverpool soya hulls offered £140, May08/Apr09 traded last week basis £144.
Spot Avon maize distillers grains available on resale £192.
Spot/May Liverpool PKs traded last week £136, seller over.