Markets remain stable, with not a great deal happening with regard to pricing after yet another delay to Brexit, and of course we have the added excitement of an election to look forward to in mid December. If anything, the main topic of conversation recently has been the much delayed autumn drilling campaign, and the likely increase in spring drilling areas as a result. More to see from this as we move into November.
Feed buyers have been recently extended their cover levels through the winter, so as we go to press we see little reason for markets to shift dramatically in the short term. There have been some good premiums seen for domestic cereals to those feed mills that prefer to use UK origin grain – we feel that this will keep values supported unless they switch to other origin which is very competitive. This should be watched carefully since this is always a possibility if ready supplies tighten up.
Milling oat markets are unchanged, but it is becoming increasingly difficult to sell before the New Year.
Please continue to get samples of all grains to your buyer to establish quality.
