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UK rapeseed yields continue to impress

Date Added: 07/08/2015

By Owen Cligg, Trading Manager, United Oilseeds

Rapeseed yields in the south of England continue to be better than expected with many growers achieving over 4 tonnes per hectare. This has created logistical problems with stores filling quicker than expected and limited short term export opportunities available.  Harvest prices are £240 plus ex farm, whilst November is now a £10 plus premium. Yields in the rest of Europe are still running at expected levels so European values still appear supported.

Soyabean prices are finding support from good US export inspections and also expected hot, drier weather could impact yields.

 

Regards,

 

Owen

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