Latest UK trades/markets

The rapeseed market has bounced the last few days with Paris futures up around EUR30 since the beginning of the month, effectively following Chicago & crude oil higher. Meal sellers have consequently put away their pencil sharpeners, just a couple of days after getting them out, effectively killing off all hopes of any forward business for the time being.

If there is going to be any trade on rapemeal then it will be on a strictly hand-to-mouth basis for the time being.

Wheatfeed pellets have finally found interest with £120 trading for May ex the standard Corby, Wellingborough, Tilbury range and down to £118 out of mills slightly further afield. June onwards however is still a cat and mouse game although September on its own, strangely, traded yesterday at £120.

Not much business has been done yet for the winter with sellers wanting a premium to summer levels & buyers wanting a discount based on wheat prices.

Spot wheatfeed meal ex Liverpool traded £120.

Spot soya hulls Liverpool traded yesterday £143.

Resale offers around on citrus nearby, looking for interest. Also looking for interest on nearby Liverpool 32% sunpellets.

Maize meal ex Worksop available for last half May £POA.

Also may have a possibility of getting hold of some limited quantities of spot IP hipro soya ex Humber £POA.