Market Updates
Straights Newsletter 2217 February 2012
Straight Market
Update Newsletter 22 |
|
|
 |
| Straights |
|
Jan |
Feb / Apr |
ASA May / Oct |
Nov / Apr |
| HIPRO SOYA |
|
281/286 |
279/286 |
276/281 |
280/285 |
| RAPEMEAL |
|
175/190 |
173/189 |
May/Jul 156/172
Aug/Oct 146/161 |
154/167 |
| CITRUS |
|
144/156 |
144/156 |
145/156 |
|
| SOYA HULLS |
|
140 |
140/144 |
139/143 |
140 |
|
| These prices are Average ex-store (Portbury, Liverpool, Teignmouth, Southampton, Hull / Immingham, Plymouth, Erith, Perth, Leith and Ipswich) and only a guide. This shows a range of prices in stores throughout the country, and individual prices will depend on store location and delivery date. Individual loads will need to be priced daily by the Straights Department. Prices do change throughout the day and will not be held overnight. As a guide to transport costs - 29T artic tipped load within 50 miles radius of port will cost £7/T, a 10T blown load will cost approx. £14/T. |
Currency Currently - $1.5690 €1.1930
|
Soya. Prices have shot up in the last few days. Reasons for this are poorer exchange rate, increased sales, fund buying, but South American weather has improved slightly. Current spot prices are at their highest level since last September.
Brazilian soya harvest has already started, with 24% harvested in Mato Grosso compared to 12% at the same time last year. This time of year we normally start seeing problems with logistics in South America with port strikes etc. This week a vessel has crashed in the port of Santos causing damage to 2 ship loaders, so this is causing loading delays. It's hard to predict where prices are going from here. It's still probably a good idea to book some of your requirements at current prices.
Rapemeal. There is still a general shortage of rapemeal for Feb delivery & this is keeping the nearby prices high. Mar & Apr prices are also trading at a premium, with prices not dropping until the May/July delivery period. If you need any material for the rest of this winter, we suggest you take your cover now.
Soya Hulls Prices have risen slightly over the last week, but are still looking good value for the summer and next winter.
Crimped Maize & Crimped Wheat We have supplies of material for delivery anywhere in the country (including Scotland & Northern Ireland). We can supply either product or you could have a 50:50 mix. Please ring us for prices for delivery to your farm.
Misc. The Feeds Marketing straights department can offer a range of miscellaneous products at competitive prices. This includes protected fats, minerals and buckets, please call your straights trader for prices. Feed grade urea currently available in 1 pallet drops at a price of £491/t.
|
Contact Us
|
General Manager & Trader
(Midlands & North Wales)
Angela Sutherby - 0870 0500306
Farm Trader (South & South Wales)
Jayne Bowhay - 0845 6711205
Farm Trader (North & Scotland)
Paula Bowering - 07793 737339
|
For Calling Off Orders, Invoicing,
Logistics, & Administration
Mark Finney or Gemma deReus
0870 0500306
Mineral Trader
David Gabbott - 01509 501859
|
|
Feeds Marketing, Unit 15A (1st Floor) Gelders Hall Road, Shepshed, Leicestershire, LE12 9NH
Phone : 0870 0500306
Fax : 0870 0500307
straights@feedsmarketing.co.uk |
| Disclaimer. Some of the information contained herein is taken from sources we believe to be reliable, but BOCM PAULS does not guarantee it is accurate or complete and should be used for information only. All statements and opinions expressed are subject to change without notice. All prices are indicative only and cannot be relied upon as a trading recommendation. The prices were last updated when this document was published on the site. For current prices or quotations please contact your trader on the above number. |