Latest UK trades/markets

The weather has certainly improved over the weekend & with the outlook set fair for much of the country for the rest of the week summer finally seems to have arrived.

Its arrival also hearalds turnout & with it of course a slowdown in feed demand. Many compounders seem to have set their stall out to take things hand-to-mouth across the summer, and it in no surprise to see that what little demand has been around in this holiday-shortened week has been for spot material.

The rape market is still pretty flat, with maybe some modest premiums to be had for nearby material. Erith fixings asking around the £170 mark, with Jun/Jul quoted £169, Aug/Oct £150 and Nov/Apr £158. Forward asking prices are a little above last week's lows as continental levels have picked up slightly. This isn't however making much difference in the UK where crushers are keen sellers. Liverpool prices, traditionally a significant premium to Erith, are now pretty much level money with £169 trading for spot yesterday.

The wheatfeed market is also pretty flat. Fixing problems at Icklingham this week having a knock-on effect at nearby mills and spot fixings out of the likes of Corby, Wellingborough, Dogsthorpe changing hands at around £124. Beyond this week though nobody wants to know. The forward market is quiet with the last reported trade at £122 for May/Sep ex similar locations.

Soya hulls ex Liverpool last reported done at £143, still potentially buyable at the same money, although one report suggests that £147 was doen for Avon material yesterday.

Nearby citrus pulp in the north west looking for interest around the low £140's.

Full IP hipro soya very limited quantities available around £330.00 spot ex Humber.

Suns 32% Argy small quantity available ex Liv around the £187.00 mark.