Rapeseed market holding steady

Posted: 17 Aug
Trader's View: by Owen Cligg, Trading Manager, United Oilseeds

Rapeseed prices continue to be well bid trading at over £320 ex for spot movement in England and £310 ex for Scotland. Crush margins are holding up well pre Christmas and crushers are keen to own rapeseed.

Soya and wheat prices are very volatile following last week’s USDA report, and the spectre of the US-Chinese trade war is still causing uncertainty.   Prices should stay steady in the medium term, but if soya harvests are good in both the US and next spring in South America, prices could come under pressure in the new year.
Now that welcome rains have arrived to replenish seed bed moistures, rapeseed is looking a good bet for the coming season with 2019 harvest prices valued at over £300 ex farm. United Oilseeds  also still has contracts for HOLL and HEAR to further add to gross margin opportunities.

For hybrid, conventional, clearfield, HOLL & HEAR OSR seed orders, call us on 01380 729 200 or speak to your local United Oilseeds Area Manager

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