Skip to Navigation | Skip to Content
Navigation



straights report
Lifton Mill - Tel: 01566 780261 0845 6027321* | Hungerford - Tel: 01488 684155 | Carmarthen - Tel: 01267 223716  Email - 
[email protected]Somerford - Tel: 01260 279539
*Calls to this number cost up to 7p per minute plus your phone company’s access charge. 
Find out more about the straight feeds team>

Straights Update

17th January 2019 Currency - £/$ 1.2959  £/Euro 1.1347

 

Trade Talks

There are weather concerns in South America with dry weather in some Brazilian regions and too much rain in Argentina but…. There is a lack of reported consensus between US and China in the trade tariff talks with intellectual property rights a real stumbling block preventing a resolve.  The latter seems to be being perceived as the dominant factor by the markets.  Also Chinese soybean imports for December have been reported as 40% lower, the reduction in protein levels in finished feed has commenced and the highly contagious Africa Swine Flu is still spreading with over 90 cases now reported.  Prices have drifted lower this week also aided by stronger Sterling ??!! Very difficult to comment on British politics this week – too depressing.

Rapemeal while coming back for the spring remains uncompetitive for the summer in comparison ratio to soya at 69%.  Seasonal crush downtimes in Europe and firmer seed prices with lower OSR crush margins have held prices.

Grain - Russian authorities are reporting that maintaining domestic supplies will require sharp export reductions.  US wheat has started to be competitive in global markets but currently unable to report export figures due to continued US Government shutdown.  Prices have eased this week.

Fats – as mentioned last week prices seem to have finished falling and some suppliers are looking to implement up to £30 price increases on C16s.  Please contact your local office to secure tonnage.

 
SOUTHERN PORT GUIDE PRICES
Please call your local trading office for an accurate quotation as these are guide only and may vary in your region. Any opinions expressed are subject to change without notice.
15thJanuary 2019
Jan-April 19
May – Oct 19
Nov – April 20
Hipro Soya
300.00
298.00
303.00
Price change since
11th Jan 2019
-8
-8
-8
Rapemeal
Ex South Coast
233/229
May-Jul 220
Aug-Oct 215
Price change since
11th Jan 2019
0
0
0
Soya Hulls
153.00
148.00
163.00
Price change since
11th Jan 2019
-5
-8
-1
Sugar Beet
200.00
209.00
205.00
Price change since
11th Jan 2019
0
-1
0
Maize Dist
218.00
Jun-214.00
-
Price change since
11th Jan 2019
-6
-12
-
Wheat Gluten
POA
 
 
Price change since
11th Jan 2019
-
 
 
Maize Gluten
207.00
207.00
208.00
Price change since
11th Jan 2019
-3
-1
0
Whole Maize
176.00
May-Sep 179.00
 
Price change since
11th Jan 2019
-2
-2
Plus £10 ground
Rapemeal
Ex Erith
209/208
May Jul 205
Aug Oct 193
Price change since
11th Jan 2019
-4/-3
0/+3
 
Palm Kernal
131.00
Jun-Sep 125
129.00
Price change since
11thJan 2019
-3
-5
-7
 

The information contained within this report is given in good faith and without liability.
Any opinions expressed are subject to change without notice.

 

 
 
 
   
 
 
 
 

Store Locator For website enquiries and online orders phone 01769 576419 (8.30am - 5.30pm 5 days a week)